PPP Loan information for Bank design & equipment, inc.

$636,300

Bank design & equipment, inc. was initially approved for PPP Loan of amount $636,300, the current approved amount is $636,300. The loan was approved on 04/08/2020 by The Atlantic Union Bank reported 37 jobs and $636,300 was used to fund payroll.

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

BANK DESIGN & EQUIPMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BANK DESIGN & EQUIPMENT, INC.

Borrower Address

1401 HOPEMAN PKWY

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-1947

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

636300.00

Current Approval Amount

636300.00

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

22980-1947

CD

VA-06

Jobs Reported

37

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

636300.00

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

642663.00

Forgiveness Date

04/12/2021

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