PPP Loan information for Bob's power equipment, inc.

$202,600

Bob's power equipment, inc. was initially approved for PPP Loan of amount $202,600, the current approved amount is $202,600. The loan was approved on 04/14/2020 by The First Horizon Bank reported 21 jobs and $202,600 was used to fund payroll.

Bob's power equipment, inc. is Existing or more than 2 years old

BOB'S POWER EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BOB'S POWER EQUIPMENT, INC.

Borrower Address

637 MONTGOMERY HIGHWAY

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35216-1809

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202600.00

Current Approval Amount

202600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35216-1809

CD

AL-06

Jobs Reported

21

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202600.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205633.37

Forgiveness Date

10/15/2021

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