PPP Loan information for Red acres equipment inc.

$39,234

Red acres equipment inc. was initially approved for PPP Loan of amount $39,234, the current approved amount is $39,234. The loan was approved on 02/11/2021 by The The Farmers Bank of Appomattox reported 5 jobs and $39,234 was used to fund payroll.

Red acres equipment inc. is Existing or more than 2 years old

RED ACRES EQUIPMENT INC.

Date Approved

02/11/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RED ACRES EQUIPMENT INC.

Borrower Address

208 Autumn Ln

Borrower City

Appomattox

Borrower State

VA

Borrower Zip

24522-8004

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39233.95

Current Approval Amount

39233.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73072

Servicing Lender Name

The Farmers Bank of Appomattox

Servicing Lender Address

223 Main St

Servicing Lender City

APPOMATTOX

Servicing Lender State

VA

Servicing Lender Zip

24522-4108

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Appomattox

Project County Name

APPOMATTOX

Project State

VA

Project Zip

24522-8004

CD

VA-05

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39231.95

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

73072

Originating Lender

The Farmers Bank of Appomattox

Originating Lender City

APPOMATTOX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39512.35

Forgiveness Date

11/03/2021

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