PPP Loan information for Alabama machine works, inc

$228,900

Alabama machine works, inc was initially approved for PPP Loan of amount $228,900, the current approved amount is $228,900. The loan was approved on 04/28/2020 by The Regions Bank reported 27 jobs and $228,900 was used to fund payroll.

Alabama machine works, inc is Existing or more than 2 years old

PPP Loan Search / AL / CROSSVILLE / Alabama machine works, inc

ALABAMA MACHINE WORKS, INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA MACHINE WORKS, INC

Borrower Address

8601 AL 227

Borrower City

CROSSVILLE

Borrower State

AL

Borrower Zip

35962-0016

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228900.00

Current Approval Amount

228900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROSSVILLE

Project County Name

DE KALB

Project State

AL

Project Zip

35962-0016

CD

AL-04

Jobs Reported

27

NAICS Code

332999

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

228900.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231571.55

Forgiveness Date

07/08/2021

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