PPP Loan information for General machine & saw company

$389,827

General machine & saw company was initially approved for PPP Loan of amount $389,827, the current approved amount is $389,827. The loan was approved on 02/24/2021 by The The Union Bank Company reported 37 jobs and $389,827 was used to fund payroll.

General machine & saw company is Existing or more than 2 years old

GENERAL MACHINE & SAW COMPANY

Date Approved

02/24/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

GENERAL MACHINE & SAW COMPANY

Borrower Address

305 Davids St

Borrower City

Marion

Borrower State

OH

Borrower Zip

43302-4713

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389827.00

Current Approval Amount

389827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57443

Servicing Lender Name

The Union Bank Company

Servicing Lender Address

105 Progressive Dr.

Servicing Lender City

COLUMBUS GROVE

Servicing Lender State

OH

Servicing Lender Zip

45830

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

MARION

Project State

OH

Project Zip

43302-4713

CD

OH-04

Jobs Reported

37

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

389825.00

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

57443

Originating Lender

The Union Bank Company

Originating Lender City

COLUMBUS GROVE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392486.37

Forgiveness Date

11/02/2021

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