PPP Loan information for Algers excavation inc

$238,385

Algers excavation inc was initially approved for PPP Loan of amount $238,385, the current approved amount is $238,385. The loan was approved on 04/28/2020 by The Farmers & Merchants Bank reported 19 jobs and $238,385 was used to fund payroll.

Algers excavation inc is Existing or more than 2 years old

PPP Loan Search / VA / TIMBERVILLE / Algers excavation inc

ALGERS EXCAVATION INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALGERS EXCAVATION INC

Borrower Address

6611 ORCHARD DR

Borrower City

TIMBERVILLE

Borrower State

VA

Borrower Zip

22853-2142

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238385.00

Current Approval Amount

238385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TIMBERVILLE

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22853-2142

CD

VA-06

Jobs Reported

19

NAICS Code

238910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

238385.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240556.95

Forgiveness Date

04/02/2021

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