PPP Loan information for Power line rent equipment inc

$255,100

Power line rent equipment inc was initially approved for PPP Loan of amount $255,080, the current approved amount is $255,100. The loan was approved on 04/13/2020 by The Truist Bank reported 22 jobs and $255,100 was used to fund payroll.

Power line rent equipment inc is Existing or more than 2 years old

POWER LINE RENT EQUIPMENT INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWER LINE RENT EQUIPMENT INC

Borrower Address

36 Noble Ave

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24012-4731

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255080.00

Current Approval Amount

255100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24012-4731

CD

VA-06

Jobs Reported

22

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

255100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256899.87

Forgiveness Date

01/11/2021

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