PPP Loan information for A & b equipment, inc.

$87,927

A & b equipment, inc. was initially approved for PPP Loan of amount $87,927, the current approved amount is $87,927. The loan was approved on 04/14/2020 by The CapStar Bank reported 8 jobs and $87,927 was used to fund payroll.

A & b equipment, inc. is New Business or 2 years or less

A & B EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

A & B EQUIPMENT, INC.

Borrower Address

2315 US Hwy 11 South

Borrower City

Sweetwater

Borrower State

TN

Borrower Zip

37874-5059

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87927.00

Current Approval Amount

87927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457013

Servicing Lender Name

CapStar Bank

Servicing Lender Address

1201 Demonbreun St Ste 700

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37203-5078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sweetwater

Project County Name

MONROE

Project State

TN

Project Zip

37874-5059

CD

TN-03

Jobs Reported

8

NAICS Code

336212

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

2896.00

Payroll Proceed

85031.00

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

457013

Originating Lender

CapStar Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

88847.79

Forgiveness Date

05/11/2021

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