PPP Loan information for Nold's equipment inc

$199,332

Nold's equipment inc was initially approved for PPP Loan of amount $212,128, the current approved amount is $199,332. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank of Long Beach reported 12 jobs and $199,332 was used to fund payroll.

Nold's equipment inc is Existing or more than 2 years old

NOLD'S EQUIPMENT INC

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NOLD'S EQUIPMENT INC

Borrower Address

5529 MONLACO RD

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90808-2625

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212128.00

Current Approval Amount

199332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90808-2625

CD

CA-44

Jobs Reported

12

NAICS Code

532490

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199332.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

200784.67

Forgiveness Date

01/19/2021

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