PPP Loan information for Wood heavy equipment company

$44,500

Wood heavy equipment company was initially approved for PPP Loan of amount $62,000, the current approved amount is $44,500. The loan was approved on 04/06/2020 by The The First Bank and Trust Company reported 9 jobs and $44,500 was used to fund payroll.

Wood heavy equipment company is Existing or more than 2 years old

WOOD HEAVY EQUIPMENT COMPANY

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WOOD HEAVY EQUIPMENT COMPANY

Borrower Address

171 Expo Rd

Borrower City

FISHERSVILLE

Borrower State

VA

Borrower Zip

22939-2308

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62000.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FISHERSVILLE

Project County Name

AUGUSTA

Project State

VA

Project Zip

22939-2308

CD

VA-06

Jobs Reported

9

NAICS Code

423810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44886.90

Forgiveness Date

02/24/2021

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