PPP Loan information for Machinery movers & erectors, inc.

$375,600

Machinery movers & erectors, inc. was initially approved for PPP Loan of amount $379,700, the current approved amount is $375,600. The loan was approved on 04/07/2020 by The Truist Bank reported 31 jobs and $375,600 was used to fund payroll.

Machinery movers & erectors, inc. is Existing or more than 2 years old

MACHINERY MOVERS & ERECTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MACHINERY MOVERS & ERECTORS, INC.

Borrower Address

1622 Commerce Rd

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23224-7502

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379700.00

Current Approval Amount

375600.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23224-7502

CD

VA-04

Jobs Reported

31

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

375600.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

378813.47

Forgiveness Date

03/02/2021

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