PPP Loan information for Southwestern equipment inc

$80,200

Southwestern equipment inc was initially approved for PPP Loan of amount $80,200, the current approved amount is $80,200. The loan was approved on 04/27/2020 by The The Bank of Marion reported 9 jobs and $80,200 was used to fund payroll.

Southwestern equipment inc is Unanswered

SOUTHWESTERN EQUIPMENT INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHWESTERN EQUIPMENT INC

Borrower Address

7270 W Lee Hwy

Borrower City

RURAL RETREAT

Borrower State

VA

Borrower Zip

24368

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80200.00

Current Approval Amount

80200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

RURAL RETREAT

Project County Name

WYTHE

Project State

VA

Project Zip

24368-0001

CD

VA-09

Jobs Reported

9

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15200.00

Payroll Proceed

65000.00

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

Subchapter S Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80628.47

Forgiveness Date

11/12/2020

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