PPP Loan information for Bomax equipment co inc

$28,500

Bomax equipment co inc was initially approved for PPP Loan of amount $28,500, the current approved amount is $28,500. The loan was approved on 04/14/2020 by The Citizens Bank of West Virginia, Inc reported 3 jobs and $28,500 was used to fund payroll.

Bomax equipment co inc is New Business or 2 years or less

BOMAX EQUIPMENT CO INC

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BOMAX EQUIPMENT CO INC

Borrower Address

16 Ward Rd

Borrower City

ELKINS

Borrower State

WV

Borrower Zip

26241

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28500.00

Current Approval Amount

28500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75110

Servicing Lender Name

Citizens Bank of West Virginia, Inc

Servicing Lender Address

211 Third St

Servicing Lender City

ELKINS

Servicing Lender State

WV

Servicing Lender Zip

26241-3832

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELKINS

Project County Name

RANDOLPH

Project State

WV

Project Zip

26241-0001

CD

WV-02

Jobs Reported

3

NAICS Code

336212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7125.00

Payroll Proceed

21375.00

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

75110

Originating Lender

Citizens Bank of West Virginia, Inc

Originating Lender City

ELKINS

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28663.97

Forgiveness Date

11/19/2020

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