PPP Loan information for Industrial equipment sales & service inc

$532,380

Industrial equipment sales & service inc was initially approved for PPP Loan of amount $532,380, the current approved amount is $532,380. The loan was approved on 01/31/2021 by The American State Bank & Trust Company of Williston reported 21 jobs and $532,380 was used to fund payroll.

Industrial equipment sales & service inc is Existing or more than 2 years old

INDUSTRIAL EQUIPMENT SALES & SERVICE INC

Date Approved

01/31/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

INDUSTRIAL EQUIPMENT SALES & SERVICE INC

Borrower Address

314 42nd St W

Borrower City

Williston

Borrower State

ND

Borrower Zip

58801-2671

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

532380.00

Current Approval Amount

532380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52987

Servicing Lender Name

American State Bank & Trust Company of Williston

Servicing Lender Address

223 Main St

Servicing Lender City

WILLISTON

Servicing Lender State

ND

Servicing Lender Zip

58801-6020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williston

Project County Name

WILLIAMS

Project State

ND

Project Zip

58801-2671

CD

ND-

Jobs Reported

21

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

532377.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52987

Originating Lender

American State Bank & Trust Company of Williston

Originating Lender City

WILLISTON

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

534716.56

Forgiveness Date

07/19/2021

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