PPP Loan information for State machinery and equipment sales inc.

$269,400

State machinery and equipment sales inc. was initially approved for PPP Loan of amount $269,400, the current approved amount is $269,400. The loan was approved on 03/15/2021 by The Loan Source Incorporated reported 21 jobs and $269,400 was used to fund payroll.

State machinery and equipment sales inc. is Existing or more than 2 years old

STATE MACHINERY AND EQUIPMENT SALES INC.

Date Approved

03/15/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

STATE MACHINERY AND EQUIPMENT SALES INC.

Borrower Address

160 W Airline Hwy

Borrower City

Kenner

Borrower State

LA

Borrower Zip

70062-6851

Loan Status Date

11/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269400.00

Current Approval Amount

269400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenner

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-6851

CD

LA-02

Jobs Reported

21

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269398.00

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

273474.21

Forgiveness Date

09/22/2022

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