PPP Loan information for General machine of anderson, inc.

$375,000

General machine of anderson, inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 04/09/2020 by The The Park National Bank reported 36 jobs and $375,000 was used to fund payroll.

General machine of anderson, inc. is Existing or more than 2 years old

GENERAL MACHINE OF ANDERSON, INC.

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

GENERAL MACHINE OF ANDERSON, INC.

Borrower Address

120 DOUBLETREE DR

Borrower City

ANDERSON

Borrower State

SC

Borrower Zip

29625-1221

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

ANDERSON

Project State

SC

Project Zip

29625-1221

CD

SC-03

Jobs Reported

36

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18000.00

Payroll Proceed

305700.00

Mortgage Interest Proceed

0.00

Rent Proceed

18300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

366871.11

Forgiveness Date

11/10/2020

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