PPP Loan information for Equipment repair center corporation

$29,897

Equipment repair center corporation was initially approved for PPP Loan of amount $29,897, the current approved amount is $29,897. The loan was approved on 02/25/2021 by The Bank of America, National Association reported 6 jobs and $29,897 was used to fund payroll.

Equipment repair center corporation is Existing or more than 2 years old

EQUIPMENT REPAIR CENTER CORPORATION

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EQUIPMENT REPAIR CENTER CORPORATION

Borrower Address

818 Magnolia Ave

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-1919

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29897.00

Current Approval Amount

29897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-1919

CD

NJ-08

Jobs Reported

6

NAICS Code

811310

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29895.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

30078.02

Forgiveness Date

10/06/2021

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