PPP Loan information for Business equipment distributors, inc

$72,300

Business equipment distributors, inc was initially approved for PPP Loan of amount $72,300, the current approved amount is $72,300. The loan was approved on 04/11/2020 by The Old National Bank reported 8 jobs and $72,300 was used to fund payroll.

Business equipment distributors, inc is Existing or more than 2 years old

BUSINESS EQUIPMENT DISTRIBUTORS, INC

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BUSINESS EQUIPMENT DISTRIBUTORS, INC

Borrower Address

229 S Green St

Borrower City

HENDERSON

Borrower State

KY

Borrower Zip

42420-3540

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72300.00

Current Approval Amount

72300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

HENDERSON

Project State

KY

Project Zip

42420-3540

CD

KY-01

Jobs Reported

8

NAICS Code

453210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72300.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72731.82

Forgiveness Date

11/27/2020

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