PPP Loan information for Pearson equipment company

$159,300

Pearson equipment company was initially approved for PPP Loan of amount $159,300, the current approved amount is $159,300. The loan was approved on 04/07/2020 by The Frontier Community Bank reported 17 jobs and $159,300 was used to fund payroll.

Pearson equipment company is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Pearson equipment company

PEARSON EQUIPMENT COMPANY

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PEARSON EQUIPMENT COMPANY

Borrower Address

3900 Harris Ln

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-5054

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159300.00

Current Approval Amount

159300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453576

Servicing Lender Name

Frontier Community Bank

Servicing Lender Address

400 Lew Dewitt Blvd

Servicing Lender City

WAYNESBORO

Servicing Lender State

VA

Servicing Lender Zip

22980-1666

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-5054

CD

VA-05

Jobs Reported

17

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159300.00

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

453576

Originating Lender

Frontier Community Bank

Originating Lender City

WAYNESBORO

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160421.65

Forgiveness Date

12/31/2020

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