PPP Loan information for Equipment recovery corp

$79,812

Equipment recovery corp was initially approved for PPP Loan of amount $79,812, the current approved amount is $79,812. The loan was approved on 01/26/2021 by The The Middlefield Banking Company reported 4 jobs and $79,812 was used to fund payroll.

Equipment recovery corp is Existing or more than 2 years old

EQUIPMENT RECOVERY CORP

Date Approved

01/26/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

EQUIPMENT RECOVERY CORP

Borrower Address

37611 Euclid Ave

Borrower City

Willoughby

Borrower State

OH

Borrower Zip

44094-5923

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79811.67

Current Approval Amount

79811.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willoughby

Project County Name

LAKE

Project State

OH

Project Zip

44094-5923

CD

OH-14

Jobs Reported

4

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

79810.67

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

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80253.37

Forgiveness Date

08/23/2021

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