PPP Loan information for Applied machine & motion control, inc

$350,500

Applied machine & motion control, inc was initially approved for PPP Loan of amount $350,500, the current approved amount is $350,500. The loan was approved on 04/05/2020 by The Heritage Bank, Inc. reported 20 jobs and $350,500 was used to fund payroll.

Applied machine & motion control, inc is Existing or more than 2 years old

PPP Loan Search / KY / PARK HILLS / Applied machine & motion control, inc

APPLIED MACHINE & MOTION CONTROL, INC

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

APPLIED MACHINE & MOTION CONTROL, INC

Borrower Address

1491 DIXIE HWY

Borrower City

PARK HILLS

Borrower State

KY

Borrower Zip

41011-2816

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350500.00

Current Approval Amount

350500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116820

Servicing Lender Name

Heritage Bank, Inc.

Servicing Lender Address

1818 Florence

Servicing Lender City

Burlington

Servicing Lender State

KY

Servicing Lender Zip

41005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK HILLS

Project County Name

KENTON

Project State

KY

Project Zip

41011-2816

CD

KY-04

Jobs Reported

20

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350500.00

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

Corporation

Originating Lender Location Id

116820

Originating Lender

Heritage Bank, Inc.

Originating Lender City

Burlington

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345423.99

Forgiveness Date

11/10/2020

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