PPP Loan information for B & w machine & tool co. inc.

$99,190

B & w machine & tool co. inc. was initially approved for PPP Loan of amount $99,190, the current approved amount is $99,190. The loan was approved on 04/09/2020 by The First Metro Bank reported 12 jobs and $99,190 was used to fund payroll.

B & w machine & tool co. inc. is Existing or more than 2 years old

PPP Loan Search / AL / MUSCLE SHOALS / B & w machine & tool co. inc.

B & W MACHINE & TOOL CO. INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

B & W MACHINE & TOOL CO. INC.

Borrower Address

2815 AVALON AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-2707

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99189.82

Current Approval Amount

99189.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-2707

CD

AL-04

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9918.98

Payroll Proceed

74392.36

Mortgage Interest Proceed

14878.48

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100181.72

Forgiveness Date

04/13/2021

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