PPP Loan information for Associated equipment company of delaware, inc.

$719,900

Associated equipment company of delaware, inc. was initially approved for PPP Loan of amount $719,900, the current approved amount is $719,900. The loan was approved on 04/13/2020 by The Truist Bank reported 78 jobs and $719,900 was used to fund payroll.

Associated equipment company of delaware, inc. is Existing or more than 2 years old

ASSOCIATED EQUIPMENT COMPANY OF DELAWARE, INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ASSOCIATED EQUIPMENT COMPANY OF DELAWARE, INC.

Borrower Address

1230 EAST I65 SERVICE RD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36617-1505

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

719900.00

Current Approval Amount

719900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36617-1505

CD

AL-01

Jobs Reported

78

NAICS Code

423730

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

719900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

725299.25

Forgiveness Date

01/20/2021

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