PPP Loan information for Semco services inc

$396,842

Semco services inc was initially approved for PPP Loan of amount $396,842, the current approved amount is $396,842. The loan was approved on 01/30/2021 by The Farmers & Merchants Bank reported 33 jobs and $396,842 was used to fund payroll.

Semco services inc is Existing or more than 2 years old

SEMCO SERVICES INC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SEMCO SERVICES INC

Borrower Address

589 Lee Jackson Hwy

Borrower City

Staunton

Borrower State

VA

Borrower Zip

24401-5507

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

396842.00

Current Approval Amount

396842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Staunton

Project County Name

AUGUSTA

Project State

VA

Project Zip

24401-5507

CD

VA-06

Jobs Reported

33

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

396842.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

400358.46

Forgiveness Date

12/20/2021

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