PPP Loan information for Advanced machine shop, inc.

$327,000

Advanced machine shop, inc. was initially approved for PPP Loan of amount $327,000, the current approved amount is $327,000. The loan was approved on 04/27/2020 by The United Bank reported 26 jobs and $327,000 was used to fund payroll.

Advanced machine shop, inc. is Existing or more than 2 years old

PPP Loan Search / GA / Newnan / Advanced machine shop, inc.

ADVANCED MACHINE SHOP, INC.

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ADVANCED MACHINE SHOP, INC.

Borrower Address

480 CORINTH RD

Borrower City

Newnan

Borrower State

GA

Borrower Zip

30263-5166

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327000.00

Current Approval Amount

327000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newnan

Project County Name

COWETA

Project State

GA

Project Zip

30263-5166

CD

GA-03

Jobs Reported

26

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32700.00

Payroll Proceed

261600.00

Mortgage Interest Proceed

0.00

Rent Proceed

32700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

328834.83

Forgiveness Date

11/24/2020

;