PPP Loan information for Diesel engine & heavy equipment repair

$267,800

Diesel engine & heavy equipment repair was initially approved for PPP Loan of amount $267,800, the current approved amount is $267,800. The loan was approved on 04/15/2020 by The American National Bank and Trust Company reported 40 jobs and $267,800 was used to fund payroll.

Diesel engine & heavy equipment repair is Existing or more than 2 years old

DIESEL ENGINE & HEAVY EQUIPMENT REPAIR

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DIESEL ENGINE & HEAVY EQUIPMENT REPAIR

Borrower Address

1547 N Graham Hopedale Rd

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27217

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267800.00

Current Approval Amount

267800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27217-1000

CD

NC-04

Jobs Reported

40

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

261800.00

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

Sole Proprietorship

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

269912.64

Forgiveness Date

02/03/2021

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