PPP Loan information for Peters equipment company llc

$616,800

Peters equipment company llc was initially approved for PPP Loan of amount $616,800, the current approved amount is $616,800. The loan was approved on 01/30/2021 by The Summit Community Bank, Inc. reported 47 jobs and $616,800 was used to fund payroll.

Peters equipment company llc is Existing or more than 2 years old

PETERS EQUIPMENT COMPANY LLC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PETERS EQUIPMENT COMPANY LLC

Borrower Address

129 Industrial Park Road

Borrower City

BLUEFIELD

Borrower State

VA

Borrower Zip

24605

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

616800.00

Current Approval Amount

616800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

TAZEWELL

Project State

VA

Project Zip

24605

CD

VA-09

Jobs Reported

47

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

616800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

619215.80

Forgiveness Date

06/23/2021

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