PPP Loan information for Milam equipment sales, inc.

$230,800

Milam equipment sales, inc. was initially approved for PPP Loan of amount $230,800, the current approved amount is $230,800. The loan was approved on 04/10/2020 by The American National Bank and Trust Company reported 28 jobs and $230,800 was used to fund payroll.

Milam equipment sales, inc. is Existing or more than 2 years old

MILAM EQUIPMENT SALES, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MILAM EQUIPMENT SALES, INC.

Borrower Address

5190 South Boston Highway

Borrower City

SUTHERLIN

Borrower State

VA

Borrower Zip

24594-2102

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230800.00

Current Approval Amount

230800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUTHERLIN

Project County Name

PITTSYLVANIA

Project State

VA

Project Zip

24594-2102

CD

VA-05

Jobs Reported

28

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11900.00

Payroll Proceed

195820.00

Mortgage Interest Proceed

0.00

Rent Proceed

23080.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232845.14

Forgiveness Date

03/02/2021

;