PPP Loan information for Equipment development co., inc.

$1,332,100

Equipment development co., inc. was initially approved for PPP Loan of amount $1,332,100, the current approved amount is $1,332,100. The loan was approved on 05/04/2020 by The Truist Bank reported 105 jobs and $1,332,100 was used to fund payroll.

Equipment development co., inc. is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Equipment development co., inc.

EQUIPMENT DEVELOPMENT CO., INC.

Date Approved

05/04/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

EQUIPMENT DEVELOPMENT CO., INC.

Borrower Address

100 Thomas Johnson Drive

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21702

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1332100.00

Current Approval Amount

1332100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21702-0001

CD

MD-06

Jobs Reported

105

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1332100.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1344310.92

Forgiveness Date

04/08/2021

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