PPP Loan information for Worldwide equipment, inc

$4,238,740

Worldwide equipment, inc was initially approved for PPP Loan of amount $4,238,740, the current approved amount is $4,238,740. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 385 jobs and $4,238,740 was used to fund payroll.

Worldwide equipment, inc is Existing or more than 2 years old

WORLDWIDE EQUIPMENT, INC

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WORLDWIDE EQUIPMENT, INC

Borrower Address

73 WE Drive 0.0

Borrower City

Prestonsburg

Borrower State

KY

Borrower Zip

41653-8799

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4238740.00

Current Approval Amount

4238740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prestonsburg

Project County Name

FLOYD

Project State

KY

Project Zip

41653-8799

CD

KY-05

Jobs Reported

385

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

3548750.00

Mortgage Interest Proceed

0.00

Rent Proceed

192890.00

Refinance EIDL Proceed

0.00

Health Care Proceed

437100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4298510.94

Forgiveness Date

09/13/2021

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