ALLSTATE EQUIPMENT CO INC (VA) - 2020 PPP Loan Borrower Profile (# 1543647108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLSTATE EQUIPMENT CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number
1543647108
SBA Office Code
0304
Processing Method
PPP
Curent Loan Amount
$179,632
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$181,393.39
Date Loan was Forgiven
Apr 9, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
44,908
Payroll Proced
134,724
Lender
Fulton Bank, National Association

Business Detail

Business Type
Corporation
NAICS
423830
Borrower Location
CHESAPEAKE, VA
Project Location
CHESAPEAKE, VA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
17
Business Age Description
Existing or more than 2 years old
Data Source: SBA.