PPP Loan information for Loftin equipment co.

$2,917,400

Loftin equipment co. was initially approved for PPP Loan of amount $2,917,400, the current approved amount is $2,917,400. The loan was approved on 04/05/2020 by The UMB Bank, National Association reported 156 jobs and $2,917,400 was used to fund payroll.

Loftin equipment co. is Existing or more than 2 years old

PPP Loan Search / AZ / PHOENIX / Loftin equipment co.

LOFTIN EQUIPMENT CO.

Date Approved

04/05/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

LOFTIN EQUIPMENT CO.

Borrower Address

2111 E Highland Ave, Suite 255

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85064

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2917400.00

Current Approval Amount

2917400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85064-0001

CD

AZ-01

Jobs Reported

156

NAICS Code

423610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2917400.00

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

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2952003.61

Forgiveness Date

06/11/2021

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