PPP Loan information for Red acres equipment, inc.

$41,700

Red acres equipment, inc. was initially approved for PPP Loan of amount $41,700, the current approved amount is $41,700. The loan was approved on 04/09/2020 by The The Farmers Bank of Appomattox reported 5 jobs and $41,700 was used to fund payroll.

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

PPP Loan Search / VA / APPOMATTOX / Red acres equipment, inc.

RED ACRES EQUIPMENT, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RED ACRES EQUIPMENT, INC.

Borrower Address

208 Autumn Lane

Borrower City

APPOMATTOX

Borrower State

VA

Borrower Zip

24522-8004

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41700.00

Current Approval Amount

41700.00

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

811411

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10425.00

Payroll Proceed

31275.00

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

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

42006.18

Forgiveness Date

01/08/2021

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