PPP Loan information for Lgs machinery supply, inc.

$51,100

Lgs machinery supply, inc. was initially approved for PPP Loan of amount $51,100, the current approved amount is $51,100. The loan was approved on 04/09/2020 by The The First Bank and Trust Company reported 7 jobs and $51,100 was used to fund payroll.

Lgs machinery supply, inc. is Existing or more than 2 years old

PPP Loan Search / VA / BIG STONE GAP / Lgs machinery supply, inc.

LGS MACHINERY SUPPLY, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LGS MACHINERY SUPPLY, INC.

Borrower Address

2035 Pennington Gap HWY

Borrower City

BIG STONE GAP

Borrower State

VA

Borrower Zip

24219-2035

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51100.00

Current Approval Amount

51100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG STONE GAP

Project County Name

WISE

Project State

VA

Project Zip

24219-2035

CD

VA-09

Jobs Reported

7

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51100.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51473.31

Forgiveness Date

01/07/2021

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