PPP Loan information for Glover machine works, inc.

$88,500

Glover machine works, inc. was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/11/2020 by The The First National Bank of Fort Smith reported 13 jobs and $88,500 was used to fund payroll.

Glover machine works, inc. is Existing or more than 2 years old

PPP Loan Search / AR / FORT SMITH / Glover machine works, inc.

GLOVER MACHINE WORKS, INC.

Date Approved

04/11/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

GLOVER MACHINE WORKS, INC.

Borrower Address

417 South 11th Street

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901-3723

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-3723

CD

AR-03

Jobs Reported

13

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7375.00

Payroll Proceed

66375.00

Mortgage Interest Proceed

7375.00

Rent Proceed

7375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89084.34

Forgiveness Date

12/21/2020

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