PPP Loan information for Electro mechanical handling inc

$98,600

Electro mechanical handling inc was initially approved for PPP Loan of amount $98,600, the current approved amount is $98,600. The loan was approved on 04/11/2020 by The American National Bank and Trust Company reported 8 jobs and $98,600 was used to fund payroll.

Electro mechanical handling inc is Existing or more than 2 years old

ELECTRO MECHANICAL HANDLING INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELECTRO MECHANICAL HANDLING INC

Borrower Address

13676 Wards Road

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-7131

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98600.00

Current Approval Amount

98600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-7131

CD

VA-05

Jobs Reported

8

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4100.00

Payroll Proceed

84600.00

Mortgage Interest Proceed

9900.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99257.33

Forgiveness Date

12/17/2020

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