PPP Loan information for Bedford machine & tool, inc.

$463,000

Bedford machine & tool, inc. was initially approved for PPP Loan of amount $463,070, the current approved amount is $463,000. The loan was approved on 04/13/2020 by The Busey Bank reported 41 jobs and $463,000 was used to fund payroll.

Bedford machine & tool, inc. is Unanswered

PPP Loan Search / IN / BEDFORD / Bedford machine & tool, inc.

BEDFORD MACHINE & TOOL, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BEDFORD MACHINE & TOOL, INC.

Borrower Address

2103 John Williams Blvd

Borrower City

BEDFORD

Borrower State

IN

Borrower Zip

47421-9800

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

463070.00

Current Approval Amount

463000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BEDFORD

Project County Name

LAWRENCE

Project State

IN

Project Zip

47421-9800

CD

IN-09

Jobs Reported

41

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

347250.00

Mortgage Interest Proceed

0.00

Rent Proceed

115750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465549.67

Forgiveness Date

11/05/2020

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