PPP Loan information for Appalachian tool & machine inc.

$343,996

Appalachian tool & machine inc. was initially approved for PPP Loan of amount $343,996, the current approved amount is $343,996. The loan was approved on 03/13/2021 by The Truist Bank reported 34 jobs and $343,996 was used to fund payroll.

Appalachian tool & machine inc. is Existing or more than 2 years old

PPP Loan Search / NC / Swannanoa / Appalachian tool & machine inc.

APPALACHIAN TOOL & MACHINE INC.

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

APPALACHIAN TOOL & MACHINE INC.

Borrower Address

121 Lytle Cove Rd

Borrower City

Swannanoa

Borrower State

NC

Borrower Zip

28778-3702

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

343995.80

Current Approval Amount

343995.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Swannanoa

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28778-3702

CD

NC-11

Jobs Reported

34

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

343993.80

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345123.34

Forgiveness Date

07/21/2021

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