PPP Loan information for Elm machining corporation

$124,700

Elm machining corporation was initially approved for PPP Loan of amount $124,700, the current approved amount is $124,700. The loan was approved on 04/23/2021 by The MidSouth Bank reported 12 jobs and $124,700 was used to fund payroll.

Elm machining corporation is Existing or more than 2 years old

ELM MACHINING CORPORATION

Date Approved

04/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ELM MACHINING CORPORATION

Borrower Address

112 Lakepoint Industrial Park Rd

Borrower City

Eufaula

Borrower State

AL

Borrower Zip

36027-4614

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124700.00

Current Approval Amount

124700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27

Servicing Lender Name

MidSouth Bank

Servicing Lender Address

2526 W Main St

Servicing Lender City

DOTHAN

Servicing Lender State

AL

Servicing Lender Zip

36301-1226

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eufaula

Project County Name

BARBOUR

Project State

AL

Project Zip

36027-4614

CD

AL-02

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124697.00

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

27

Originating Lender

MidSouth Bank

Originating Lender City

DOTHAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125320.04

Forgiveness Date

10/27/2021

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