PPP Loan information for Medical equipment installation, inc

$659,100

Medical equipment installation, inc was initially approved for PPP Loan of amount $659,100, the current approved amount is $659,100. The loan was approved on 04/07/2020 by The Peoples Bank of Alabama reported 47 jobs and $659,100 was used to fund payroll.

Medical equipment installation, inc is Existing or more than 2 years old

MEDICAL EQUIPMENT INSTALLATION, INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEDICAL EQUIPMENT INSTALLATION, INC

Borrower Address

350 Locust Street

Borrower City

GADSDEN

Borrower State

AL

Borrower Zip

35901-3736

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

659100.00

Current Approval Amount

659100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GADSDEN

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-3736

CD

AL-04

Jobs Reported

47

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

659100.00

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

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

665050.21

Forgiveness Date

03/03/2021

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