PPP Loan information for A & b equipment & sons inc

$78,738

A & b equipment & sons inc was initially approved for PPP Loan of amount $78,738, the current approved amount is $78,738. The loan was approved on 04/01/2021 by The Independent Bank reported 6 jobs and $78,738 was used to fund payroll.

A & b equipment & sons inc is Existing or more than 2 years old

A & B EQUIPMENT & SONS INC

Date Approved

04/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

A & B EQUIPMENT & SONS INC

Borrower Address

635 Wellington St

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48604-1541

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78738.00

Current Approval Amount

78738.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-1541

CD

MI-08

Jobs Reported

6

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

78736.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78925.68

Forgiveness Date

07/06/2021

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