PPP Loan information for General machine inc

$47,123

General machine inc was initially approved for PPP Loan of amount $47,123, the current approved amount is $47,123. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $47,123 was used to fund payroll.

General machine inc is New Business or 2 years or less

GENERAL MACHINE INC

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

GENERAL MACHINE INC

Borrower Address

56 JACKSON ST STE 1

Borrower City

HOLYOKE

Borrower State

MA

Borrower Zip

01040-5531

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47123.00

Current Approval Amount

47123.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOLYOKE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-5531

CD

MA-01

Jobs Reported

4

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47123.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47608.43

Forgiveness Date

05/13/2021

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