PPP Loan information for Packaging equipment, inc

$32,500

Packaging equipment, inc was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 04/27/2020 by The Pinnacle Bank reported 3 jobs and $32,500 was used to fund payroll.

Packaging equipment, inc is Existing or more than 2 years old

PACKAGING EQUIPMENT, INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PACKAGING EQUIPMENT, INC

Borrower Address

4350 Crosscreek Trail

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30041

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19435

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

884 Elbert St

Servicing Lender City

ELBERTON

Servicing Lender State

GA

Servicing Lender Zip

30635-2628

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30041-0001

CD

GA-06

Jobs Reported

3

NAICS Code

333243

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32500.00

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

19435

Originating Lender

Pinnacle Bank

Originating Lender City

ELBERTON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32784.38

Forgiveness Date

03/10/2021

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