PPP Loan information for Stanco equipment co inc

$121,500

Stanco equipment co inc was initially approved for PPP Loan of amount $121,500, the current approved amount is $121,500. The loan was approved on 04/28/2020 by The Peoples Bank reported 10 jobs and $121,500 was used to fund payroll.

Stanco equipment co inc is Existing or more than 2 years old

PPP Loan Search / KY / DRY RIDGE / Stanco equipment co inc

STANCO EQUIPMENT CO INC

Date Approved

04/28/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

STANCO EQUIPMENT CO INC

Borrower Address

14 RUTHMAN DR

Borrower City

DRY RIDGE

Borrower State

KY

Borrower Zip

41035-9784

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121500.00

Current Approval Amount

121500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRY RIDGE

Project County Name

GRANT

Project State

KY

Project Zip

41035-9784

CD

KY-04

Jobs Reported

10

NAICS Code

331313

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1958.00

Payroll Proceed

111542.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122279.63

Forgiveness Date

12/23/2020

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