PPP Loan information for Industrial design & fabrication inc.

$215,000

Industrial design & fabrication inc. was initially approved for PPP Loan of amount $215,000, the current approved amount is $215,000. The loan was approved on 01/28/2021 by The Regions Bank reported 20 jobs and $215,000 was used to fund payroll.

Industrial design & fabrication inc. is Existing or more than 2 years old

INDUSTRIAL DESIGN & FABRICATION INC.

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

INDUSTRIAL DESIGN & FABRICATION INC.

Borrower Address

350 Fortner Rd

Borrower City

Mc Ewen

Borrower State

TN

Borrower Zip

37101-5430

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215000.00

Current Approval Amount

215000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mc Ewen

Project County Name

HUMPHREYS

Project State

TN

Project Zip

37101-5430

CD

TN-07

Jobs Reported

20

NAICS Code

332999

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

214998.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216502.05

Forgiveness Date

11/05/2021

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