PPP Loan information for Nolds equipment inc

$201,047

Nolds equipment inc was initially approved for PPP Loan of amount $201,047, the current approved amount is $201,047. The loan was approved on 02/06/2021 by The Farmers & Merchants Bank of Long Beach reported 14 jobs and $201,047 was used to fund payroll.

Nolds equipment inc is Existing or more than 2 years old

NOLDS EQUIPMENT INC

Date Approved

02/06/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

NOLDS EQUIPMENT INC

Borrower Address

5529 E Monlaco Rd

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90808-2625

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201047.00

Current Approval Amount

201047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90808-2625

CD

CA-44

Jobs Reported

14

NAICS Code

532490

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201047.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202099.05

Forgiveness Date

08/20/2021

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