PPP Loan information for Demott machinery company, inc

$140,200

Demott machinery company, inc was initially approved for PPP Loan of amount $140,200, the current approved amount is $140,200. The loan was approved on 04/08/2020 by The Ameris Bank reported 19 jobs and $140,200 was used to fund payroll.

Demott machinery company, inc is Existing or more than 2 years old

PPP Loan Search / GA / MOULTRIE / Demott machinery company, inc

DEMOTT MACHINERY COMPANY, INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DEMOTT MACHINERY COMPANY, INC

Borrower Address

1894 Sylvester Hwy

Borrower City

MOULTRIE

Borrower State

GA

Borrower Zip

31768-2980

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140200.00

Current Approval Amount

140200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOULTRIE

Project County Name

COLQUITT

Project State

GA

Project Zip

31768-2980

CD

GA-08

Jobs Reported

19

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14020.00

Payroll Proceed

112160.00

Mortgage Interest Proceed

14020.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141855.51

Forgiveness Date

07/02/2021

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