PPP Loan information for Industrial machine tools inc

$88,692

Industrial machine tools inc was initially approved for PPP Loan of amount $88,692, the current approved amount is $88,692. The loan was approved on 02/11/2021 by The Loan Source Incorporated reported 3 jobs and $88,692 was used to fund payroll.

Industrial machine tools inc is Existing or more than 2 years old

PPP Loan Search / WA / Anacortes / Industrial machine tools inc

INDUSTRIAL MACHINE TOOLS INC

Date Approved

02/11/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

INDUSTRIAL MACHINE TOOLS INC

Borrower Address

911 6th St

Borrower City

Anacortes

Borrower State

WA

Borrower Zip

98221-1716

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88692.00

Current Approval Amount

88692.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anacortes

Project County Name

SKAGIT

Project State

WA

Project Zip

98221-1716

CD

WA-02

Jobs Reported

3

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88688.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89775.74

Forgiveness Date

05/11/2022

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