PPP Loan information for Industrial manufacturing specialties inc

$284,000

Industrial manufacturing specialties inc was initially approved for PPP Loan of amount $284,000, the current approved amount is $284,000. The loan was approved on 04/14/2020 by The Renasant Bank reported 21 jobs and $284,000 was used to fund payroll.

Industrial manufacturing specialties inc is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Industrial manufacturing specialties inc

INDUSTRIAL MANUFACTURING SPECIALTIES INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INDUSTRIAL MANUFACTURING SPECIALTIES INC

Borrower Address

1268 Hwy 67 S

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35603

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284000.00

Current Approval Amount

284000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35603-1000

CD

AL-05

Jobs Reported

21

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284000.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

285617.22

Forgiveness Date

11/25/2020

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