Bagby Equipment Co., Inc.

$70,725 PPP Loan in Danville, Virginia

Loan Details

Loan Number
7272177005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$70,725
Current Approval
$70,725
Forgiveness Amount
$71,377
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bagby Equipment Co., Inc.
Address
1061 Industrial Ave
ZIP Code
24541-3141
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423730)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$56,580
Rent
$10,000
Utilities
$4,145

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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