PPP Loan information for Abingdon equipment company, incorporated

$110,900

Abingdon equipment company, incorporated was initially approved for PPP Loan of amount $110,900, the current approved amount is $110,900. The loan was approved on 04/06/2020 by The Powell Valley National Bank reported 14 jobs and $110,900 was used to fund payroll.

Abingdon equipment company, incorporated is Existing or more than 2 years old

ABINGDON EQUIPMENT COMPANY, INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ABINGDON EQUIPMENT COMPANY, INCORPORATED

Borrower Address

19138 LEE HWY

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-8010

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110900.00

Current Approval Amount

110900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-8010

CD

VA-09

Jobs Reported

14

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110900.00

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

Corporation

Originating Lender Location Id

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111814.55

Forgiveness Date

02/09/2021

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