PPP Loan information for Erb turf equipment inc

$214,500

Erb turf equipment inc was initially approved for PPP Loan of amount $214,500, the current approved amount is $214,500. The loan was approved on 04/09/2020 by The Carrollton Bank reported 23 jobs and $214,500 was used to fund payroll.

Erb turf equipment inc is Existing or more than 2 years old

ERB TURF EQUIPMENT INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ERB TURF EQUIPMENT INC

Borrower Address

1501 Boul Avenue

Borrower City

BELLEVILLE

Borrower State

IL

Borrower Zip

62226-4261

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214500.00

Current Approval Amount

214500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

SAINT CLAIR

Project State

IL

Project Zip

62226-4261

CD

IL-13

Jobs Reported

23

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160875.00

Mortgage Interest Proceed

0.00

Rent Proceed

53625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215828.71

Forgiveness Date

11/27/2020

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