PPP Loan information for Maynard equipment inc

$34,200

Maynard equipment inc was initially approved for PPP Loan of amount $34,200, the current approved amount is $34,200. The loan was approved on 04/28/2020 by The Peoples Independent Bank reported 5 jobs and $34,200 was used to fund payroll.

Maynard equipment inc is Existing or more than 2 years old

PPP Loan Search / AL / BROWNSBORO / Maynard equipment inc

MAYNARD EQUIPMENT INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAYNARD EQUIPMENT INC

Borrower Address

1113 MOONTOWN RD

Borrower City

BROWNSBORO

Borrower State

AL

Borrower Zip

35741-9003

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34200.00

Current Approval Amount

34200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNSBORO

Project County Name

MADISON

Project State

AL

Project Zip

35741-9003

CD

AL-05

Jobs Reported

5

NAICS Code

333112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

25650.00

Mortgage Interest Proceed

6050.00

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

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

34510.65

Forgiveness Date

03/23/2021

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