PPP Loan information for Municipal equipment company inc

$190,582

Municipal equipment company inc was initially approved for PPP Loan of amount $190,582, the current approved amount is $190,582. The loan was approved on 04/27/2020 by The Carrollton Bank reported 10 jobs and $190,582 was used to fund payroll.

Municipal equipment company inc is Existing or more than 2 years old

MUNICIPAL EQUIPMENT COMPANY INC

Date Approved

04/27/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MUNICIPAL EQUIPMENT COMPANY INC

Borrower Address

2735 Mercantile Dr

Borrower City

St. Louis

Borrower State

MO

Borrower Zip

63144

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190582.00

Current Approval Amount

190582.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Louis

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63144-0101

CD

MO-02

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

142936.50

Mortgage Interest Proceed

0.00

Rent Proceed

47645.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191667.26

Forgiveness Date

11/20/2020

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