PPP Loan information for Custom machining and tool inc

$89,267

Custom machining and tool inc was initially approved for PPP Loan of amount $89,267, the current approved amount is $89,267. The loan was approved on 03/03/2021 by The Truist Bank reported 10 jobs and $89,267 was used to fund payroll.

Custom machining and tool inc is Existing or more than 2 years old

CUSTOM MACHINING AND TOOL INC

Date Approved

03/03/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CUSTOM MACHINING AND TOOL INC

Borrower Address

1281 Southside Dr

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153-4605

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89267.00

Current Approval Amount

89267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

SALEM

Project State

VA

Project Zip

24153-4605

CD

VA-06

Jobs Reported

10

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89266.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89919.15

Forgiveness Date

11/24/2021

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