PPP Loan information for Taylor-forbes equipment co inc

$234,633

Taylor-forbes equipment co inc was initially approved for PPP Loan of amount $234,633, the current approved amount is $234,633. The loan was approved on 04/13/2020 by The Benchmark Community Bank reported 18 jobs and $234,633 was used to fund payroll.

Taylor-forbes equipment co inc is Existing or more than 2 years old

PPP Loan Search / VA / FARMVILLE / Taylor-forbes equipment co inc

TAYLOR-FORBES EQUIPMENT CO INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TAYLOR-FORBES EQUIPMENT CO INC

Borrower Address

1102 3RD ST

Borrower City

FARMVILLE

Borrower State

VA

Borrower Zip

23901-1678

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234632.50

Current Approval Amount

234632.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMVILLE

Project County Name

PRINCE EDWARD

Project State

VA

Project Zip

23901-1678

CD

VA-05

Jobs Reported

18

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29329.06

Payroll Proceed

175974.38

Mortgage Interest Proceed

0.00

Rent Proceed

29329.06

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

235886.02

Forgiveness Date

11/03/2020

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