PPP Loan information for Industrial machine works, inc.

$97,903

Industrial machine works, inc. was initially approved for PPP Loan of amount $97,903, the current approved amount is $97,903. The loan was approved on 04/28/2020 by The United Bank reported 21 jobs and $97,903 was used to fund payroll.

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

PPP Loan Search / AL / FLOMATON / Industrial machine works, inc.

INDUSTRIAL MACHINE WORKS, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INDUSTRIAL MACHINE WORKS, INC.

Borrower Address

27530 Highway 31

Borrower City

FLOMATON

Borrower State

AL

Borrower Zip

36441-0762

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97902.50

Current Approval Amount

97902.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33

Servicing Lender Name

United Bank

Servicing Lender Address

200 E Nashville Ave

Servicing Lender City

ATMORE

Servicing Lender State

AL

Servicing Lender Zip

36502-2536

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOMATON

Project County Name

ESCAMBIA

Project State

AL

Project Zip

36441-0762

CD

AL-01

Jobs Reported

21

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97902.50

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

33

Originating Lender

United Bank

Originating Lender City

ATMORE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98740.11

Forgiveness Date

03/05/2021

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