PPP Loan information for Allstates textile machinery, inc.

$54,935

Allstates textile machinery, inc. was initially approved for PPP Loan of amount $54,935, the current approved amount is $54,935. The loan was approved on 05/15/2020 by The First Bank reported 4 jobs and $54,935 was used to fund payroll.

Allstates textile machinery, inc. is Existing or more than 2 years old

ALLSTATES TEXTILE MACHINERY, INC.

Date Approved

05/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ALLSTATES TEXTILE MACHINERY, INC.

Borrower Address

547 MILL ST

Borrower City

WILLIAMSTON

Borrower State

SC

Borrower Zip

29697-2042

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54935.00

Current Approval Amount

54935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSTON

Project County Name

ANDERSON

Project State

SC

Project Zip

29697-2042

CD

SC-03

Jobs Reported

4

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2169.43

Payroll Proceed

43948.00

Mortgage Interest Proceed

0.00

Rent Proceed

8817.57

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55375.99

Forgiveness Date

03/11/2021

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