PPP Loan information for Pallet machinery group

$141,200

Pallet machinery group was initially approved for PPP Loan of amount $141,200, the current approved amount is $141,200. The loan was approved on 04/28/2020 by The Virginia Partners Bank reported 8 jobs and $141,200 was used to fund payroll.

Pallet machinery group is Existing or more than 2 years old

PPP Loan Search / VA / KING GEORGE / Pallet machinery group

PALLET MACHINERY GROUP

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PALLET MACHINERY GROUP

Borrower Address

6496 LANDING RD

Borrower City

KING GEORGE

Borrower State

VA

Borrower Zip

22485-5239

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141200.00

Current Approval Amount

141200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KING GEORGE

Project County Name

KING GEORGE

Project State

VA

Project Zip

22485-5239

CD

VA-07

Jobs Reported

8

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141200.00

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

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133884.50

Forgiveness Date

11/09/2020

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