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 04/07/2020 by The b1BANK reported 20 jobs and $269,400 was used to fund payroll.

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

PPP Loan Search / LA / KENNER / State machinery and equipment sales, inc.

STATE MACHINERY AND EQUIPMENT SALES, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

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

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269400.00

Current Approval Amount

269400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

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

20

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269400.00

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

272288.57

Forgiveness Date

05/10/2021

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