PPP Loan information for Beard equipment company, inc.

$348,266

Beard equipment company, inc. was initially approved for PPP Loan of amount $348,266, the current approved amount is $348,266. The loan was approved on 04/10/2020 by The Sundown State Bank reported 23 jobs and $348,266 was used to fund payroll.

Beard equipment company, inc. is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / Beard equipment company, inc.

BEARD EQUIPMENT COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

BEARD EQUIPMENT COMPANY, INC.

Borrower Address

4509 West INTERSTATE 20

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79706-2116

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348266.00

Current Approval Amount

348266.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71947

Servicing Lender Name

Sundown State Bank

Servicing Lender Address

1722 Ave H

Servicing Lender City

LEVELLAND

Servicing Lender State

TX

Servicing Lender Zip

79336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-2116

CD

TX-11

Jobs Reported

23

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

348266.00

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

71947

Originating Lender

Sundown State Bank

Originating Lender City

LEVELLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350374.94

Forgiveness Date

11/25/2020

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