PPP Loan information for Allied equipment inc

$625,770

Allied equipment inc was initially approved for PPP Loan of amount $625,770, the current approved amount is $625,770. The loan was approved on 02/26/2021 by The Community National Bank reported 21 jobs and $625,770 was used to fund payroll.

Allied equipment inc is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / Allied equipment inc

ALLIED EQUIPMENT INC

Date Approved

02/26/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

ALLIED EQUIPMENT INC

Borrower Address

8000 Golder Ave

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-2330

Loan Status Date

09/15/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

625770.00

Current Approval Amount

625770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-2330

CD

TX-11

Jobs Reported

21

NAICS Code

324191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

625767.00

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

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

150703.40

Forgiveness Date

10/31/2022

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