PPP Loan information for Federal equipment company

$2,000,000

Federal equipment company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Central Bank & Trust Co. reported 175 jobs and $2,000,000 was used to fund payroll.

Federal equipment company is Existing or more than 2 years old

PPP Loan Search / OH / Cincinnati / Federal equipment company

FEDERAL EQUIPMENT COMPANY

Date Approved

02/06/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

FEDERAL EQUIPMENT COMPANY

Borrower Address

5298 River Rd

Borrower City

Cincinnati

Borrower State

OH

Borrower Zip

45233-1643

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cincinnati

Project County Name

HAMILTON

Project State

OH

Project Zip

45233-1643

CD

OH-01

Jobs Reported

175

NAICS Code

333921

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Subchapter S Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019277.78

Forgiveness Date

01/26/2022

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