Date Approved
04/08/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
BANK DESIGN & EQUIPMENT, INC.
Borrower Address
1401 HOPEMAN PKWY
Borrower City
WAYNESBORO
Borrower State
VA
Borrower Zip
22980-1947
Loan Status Date
05/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
636300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122517
Servicing Lender Name
Atlantic Union Bank
Servicing Lender Address
1051 E Cary St, Ste 103
Servicing Lender City
RICHMOND
Servicing Lender State
Servicing Lender Zip
23219-4029
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNESBORO CITY
Project State
Project Zip
CD
VA-06
Jobs Reported
37
NAICS Code
561621
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
642663.00
Forgiveness Date
04/12/2021