PPP Loan information for Davis machine & tool inc

$167,792

Davis machine & tool inc was initially approved for PPP Loan of amount $167,792, the current approved amount is $167,792. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 17 jobs and $167,792 was used to fund payroll.

Davis machine & tool inc is Existing or more than 2 years old

DAVIS MACHINE & TOOL INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DAVIS MACHINE & TOOL INC

Borrower Address

2241 Bullocks Ferry Rd

Borrower City

Talladega

Borrower State

AL

Borrower Zip

35160

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167792.07

Current Approval Amount

167792.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Talladega

Project County Name

TALLADEGA

Project State

AL

Project Zip

35160-0400

CD

AL-03

Jobs Reported

17

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

167792.07

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

3305

Originating Lender

First Bank of Alabama

Originating Lender City

TALLADEGA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

169584.92

Forgiveness Date

05/26/2021

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