PPP Loan information for Bank design and equipment inc.

$604,252

Bank design and equipment inc. was initially approved for PPP Loan of amount $604,252, the current approved amount is $604,252. The loan was approved on 02/24/2021 by The Atlantic Union Bank reported 36 jobs and $604,252 was used to fund payroll.

Bank design and equipment inc. is Existing or more than 2 years old

BANK DESIGN AND EQUIPMENT INC.

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BANK DESIGN AND EQUIPMENT INC.

Borrower Address

1401 Hopeman Parkway 1401 Hopeman Parkway

Borrower City

Waynesboro

Borrower State

VA

Borrower Zip

22980

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

604252.00

Current Approval Amount

604252.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waynesboro

Project County Name

WAYNESBORO CITY

Project State

VA

Project Zip

22980

CD

VA-06

Jobs Reported

36

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

604252.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

607894.30

Forgiveness Date

10/06/2021

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