PPP Loan information for Armes precision machining & fabrication inc

$389,100

Armes precision machining & fabrication inc was initially approved for PPP Loan of amount $389,100, the current approved amount is $389,100. The loan was approved on 04/09/2020 by The American National Bank and Trust Company reported 32 jobs and $389,100 was used to fund payroll.

Armes precision machining & fabrication inc is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Armes precision machining & fabrication inc

ARMES PRECISION MACHINING & FABRICATION INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARMES PRECISION MACHINING & FABRICATION INC

Borrower Address

173 Fastener Drive

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-3954

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389100.00

Current Approval Amount

389100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-3954

CD

VA-05

Jobs Reported

32

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

381600.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

392277.65

Forgiveness Date

02/09/2021

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