PPP Loan information for Hy-speed machining inc

$315,000

Hy-speed machining inc was initially approved for PPP Loan of amount $315,000, the current approved amount is $315,000. The loan was approved on 02/05/2021 by The People's Bank of Commerce reported 19 jobs and $315,000 was used to fund payroll.

Hy-speed machining inc is Existing or more than 2 years old

HY-SPEED MACHINING INC

Date Approved

02/05/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

HY-SPEED MACHINING INC

Borrower Address

353 California St

Borrower City

Grants Pass

Borrower State

OR

Borrower Zip

97526-8882

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315000.00

Current Approval Amount

315000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grants Pass

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97526-8882

CD

OR-02

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

314994.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317200.68

Forgiveness Date

10/25/2021

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