PPP Loan information for Hill brothers machine corporation

$351,435

Hill brothers machine corporation was initially approved for PPP Loan of amount $351,435, the current approved amount is $351,435. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $351,435 was used to fund payroll.

Hill brothers machine corporation is New Business or 2 years or less

HILL BROTHERS MACHINE CORPORATION

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

HILL BROTHERS MACHINE CORPORATION

Borrower Address

2274 JUDSON ST SE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97302-1273

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351435.00

Current Approval Amount

351435.00

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

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97302-1273

CD

OR-06

Jobs Reported

1

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

351435.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

355103.40

Forgiveness Date

05/21/2021

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