PPP Loan information for Worthen equipment inc.

$275,000

Worthen equipment inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/07/2020 by The Meadows Bank reported 24 jobs and $275,000 was used to fund payroll.

Worthen equipment inc. is Existing or more than 2 years old

WORTHEN EQUIPMENT INC.

Date Approved

04/07/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

WORTHEN EQUIPMENT INC.

Borrower Address

8640 Canyon River Dive

Borrower City

SPARKS

Borrower State

NV

Borrower Zip

89434-9637

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455186

Servicing Lender Name

Meadows Bank

Servicing Lender Address

8912 Spanish Ridge Ave, Ste 100

Servicing Lender City

LAS VEGAS

Servicing Lender State

NV

Servicing Lender Zip

89148-1311

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARKS

Project County Name

WASHOE

Project State

NV

Project Zip

89434-9637

CD

NV-02

Jobs Reported

24

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240000.00

Mortgage Interest Proceed

6800.00

Rent Proceed

13200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

455186

Originating Lender

Meadows Bank

Originating Lender City

LAS VEGAS

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271819.73

Forgiveness Date

12/23/2020

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