PPP Loan information for Engineering concepts inc

$150,000

Engineering concepts inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/30/2021 by The First Bank reported 7 jobs and $150,000 was used to fund payroll.

Engineering concepts inc is Existing or more than 2 years old

PPP Loan Search / VA / Daleville / Engineering concepts inc

ENGINEERING CONCEPTS INC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ENGINEERING CONCEPTS INC

Borrower Address

94 Greenfield St

Borrower City

Daleville

Borrower State

VA

Borrower Zip

24083-2925

Loan Status Date

10/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

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

24083-2925

CD

VA-06

Jobs Reported

7

NAICS Code

541340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149996.00

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152291.67

Forgiveness Date

08/16/2022

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