PPP Loan information for Equity development corp

$49,400

Equity development corp was initially approved for PPP Loan of amount $49,400, the current approved amount is $49,400. The loan was approved on 07/15/2020 by The Independent Bank reported 3 jobs and $49,400 was used to fund payroll.

Equity development corp is Existing or more than 2 years old

EQUITY DEVELOPMENT CORP

Date Approved

07/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

EQUITY DEVELOPMENT CORP

Borrower Address

4547 LAKE SHORE DR

Borrower City

WACO

Borrower State

TX

Borrower Zip

76710-1814

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49400.00

Current Approval Amount

49400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76710-1814

CD

TX-17

Jobs Reported

3

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49400.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49738.94

Forgiveness Date

03/25/2021

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