PPP Loan information for Engineering concepts, inc.

$133,400

Engineering concepts, inc. was initially approved for PPP Loan of amount $133,400, the current approved amount is $133,400. The loan was approved on 04/28/2020 by The First Bank reported 6 jobs and $133,400 was used to fund payroll.

Engineering concepts, inc. is Existing or more than 2 years old

ENGINEERING CONCEPTS, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ENGINEERING CONCEPTS, INC.

Borrower Address

94 Greenfield St.

Borrower City

DALEVILLE

Borrower State

VA

Borrower Zip

24083

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133400.00

Current Approval Amount

133400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALEVILLE

Project County Name

BOTETOURT

Project State

VA

Project Zip

24083-0001

CD

VA-06

Jobs Reported

6

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4508.00

Payroll Proceed

109437.00

Mortgage Interest Proceed

0.00

Rent Proceed

10118.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

9337

Business Type

Corporation

Originating Lender Location Id

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134433.85

Forgiveness Date

02/09/2021

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