PPP Loan information for Industrial downtime solutions inc

$117,000

Industrial downtime solutions inc was initially approved for PPP Loan of amount $117,000, the current approved amount is $117,000. The loan was approved on 04/16/2020 by The First Bank reported 22 jobs and $117,000 was used to fund payroll.

Industrial downtime solutions inc is Existing or more than 2 years old

PPP Loan Search / VA / BUCHANAN / Industrial downtime solutions inc

INDUSTRIAL DOWNTIME SOLUTIONS INC

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INDUSTRIAL DOWNTIME SOLUTIONS INC

Borrower Address

2210 Roses Ridge Lane

Borrower City

BUCHANAN

Borrower State

VA

Borrower Zip

24066

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117000.00

Current Approval Amount

117000.00

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

BUCHANAN

Project County Name

BOTETOURT

Project State

VA

Project Zip

24066-0001

CD

VA-06

Jobs Reported

22

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

113600.00

Mortgage Interest Proceed

0.00

Rent Proceed

2300.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118059.50

Forgiveness Date

03/16/2021

;