PPP Loan information for Cone machinery, inc

$408,900

Cone machinery, inc was initially approved for PPP Loan of amount $408,900, the current approved amount is $408,900. The loan was approved on 04/10/2020 by The United National Bank reported 40 jobs and $408,900 was used to fund payroll.

Cone machinery, inc is Existing or more than 2 years old

CONE MACHINERY, INC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CONE MACHINERY, INC

Borrower Address

3263 DILLON RD

Borrower City

THOMASVILLE

Borrower State

GA

Borrower Zip

31757-2222

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408900.00

Current Approval Amount

408900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124530

Servicing Lender Name

United National Bank

Servicing Lender Address

722 N Broad St

Servicing Lender City

CAIRO

Servicing Lender State

GA

Servicing Lender Zip

39828-1607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

THOMAS

Project State

GA

Project Zip

31757-2222

CD

GA-02

Jobs Reported

40

NAICS Code

333243

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20441.70

Payroll Proceed

327136.30

Mortgage Interest Proceed

61322.00

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

124530

Originating Lender

United National Bank

Originating Lender City

CAIRO

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401592.58

Forgiveness Date

12/17/2020

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