PPP Loan information for Richards equipment llc

$80,000

Richards equipment llc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 01/23/2021 by The Valley National Bank reported 8 jobs and $80,000 was used to fund payroll.

Richards equipment llc is Existing or more than 2 years old

PPP Loan Search / AL / Bessemer / Richards equipment llc

RICHARDS EQUIPMENT LLC

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

RICHARDS EQUIPMENT LLC

Borrower Address

1301 Avenue I

Borrower City

Bessemer

Borrower State

AL

Borrower Zip

35020-6682

Loan Status Date

06/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-6682

CD

AL-07

Jobs Reported

8

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

79995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81008.89

Forgiveness Date

04/28/2022

;