PPP Loan information for Bedford machine & tool inc - bab6432

$463,069

Bedford machine & tool inc - bab6432 was initially approved for PPP Loan of amount $463,069, the current approved amount is $463,069. The loan was approved on 03/20/2021 by The Busey Bank reported 41 jobs and $463,069 was used to fund payroll.

Bedford machine & tool inc - bab6432 is Existing or more than 2 years old

PPP Loan Search / IN / Bedford / Bedford machine & tool inc - bab6432

BEDFORD MACHINE & TOOL INC - BAB6432

Date Approved

03/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BEDFORD MACHINE & TOOL INC - BAB6432

Borrower Address

1005 4th St

Borrower City

Bedford

Borrower State

IN

Borrower Zip

47421-2398

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

463069.00

Current Approval Amount

463069.00

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

Existing or more than 2 years old

Project City

Bedford

Project County Name

LAWRENCE

Project State

IN

Project Zip

47421-2398

CD

IN-09

Jobs Reported

41

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

463067.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465327.25

Forgiveness Date

09/17/2021

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