PPP Loan information for South boston hardware & power equipment inc

$88,446

South boston hardware & power equipment inc was initially approved for PPP Loan of amount $88,446, the current approved amount is $88,446. The loan was approved on 04/13/2020 by The Benchmark Community Bank reported 13 jobs and $88,446 was used to fund payroll.

South boston hardware & power equipment inc is Existing or more than 2 years old

PPP Loan Search / VA / SOUTH BOSTON / South boston hardware & power equipment inc

SOUTH BOSTON HARDWARE & POWER EQUIPMENT INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTH BOSTON HARDWARE & POWER EQUIPMENT INC

Borrower Address

307 Broad Street

Borrower City

SOUTH BOSTON

Borrower State

VA

Borrower Zip

24592-4611

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88445.58

Current Approval Amount

88445.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BOSTON

Project County Name

HALIFAX

Project State

VA

Project Zip

24592-4611

CD

VA-05

Jobs Reported

13

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11055.69

Payroll Proceed

66334.20

Mortgage Interest Proceed

11055.69

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89094.99

Forgiveness Date

01/14/2021

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