PPP Loan information for Blue ridge tool & machine co inc

$270,832

Blue ridge tool & machine co inc was initially approved for PPP Loan of amount $270,832, the current approved amount is $270,832. The loan was approved on 04/28/2020 by The The Park National Bank reported 20 jobs and $270,832 was used to fund payroll.

Blue ridge tool & machine co inc is Existing or more than 2 years old

BLUE RIDGE TOOL & MACHINE CO INC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BLUE RIDGE TOOL & MACHINE CO INC

Borrower Address

115 Hollow Oaks Lane

Borrower City

EASLEY

Borrower State

SC

Borrower Zip

29642-1152

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270832.00

Current Approval Amount

270832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EASLEY

Project County Name

PICKENS

Project State

SC

Project Zip

29642-1152

CD

SC-03

Jobs Reported

20

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13666.00

Payroll Proceed

216666.00

Mortgage Interest Proceed

0.00

Rent Proceed

22500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273570.00

Forgiveness Date

05/06/2021

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