PPP Loan information for Industrial motor service, inc.

$150,385

Industrial motor service, inc. was initially approved for PPP Loan of amount $150,385, the current approved amount is $150,385. The loan was approved on 04/12/2020 by The SouthState Bank, National Association reported 12 jobs and $150,385 was used to fund payroll.

Industrial motor service, inc. is Existing or more than 2 years old

PPP Loan Search / SC / ANDERSON / Industrial motor service, inc.

INDUSTRIAL MOTOR SERVICE, INC.

Date Approved

04/12/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

INDUSTRIAL MOTOR SERVICE, INC.

Borrower Address

3021 STANDRIDGE ROAD

Borrower City

ANDERSON

Borrower State

SC

Borrower Zip

29625-3013

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150385.00

Current Approval Amount

150385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

ANDERSON

Project State

SC

Project Zip

29625-3013

CD

SC-03

Jobs Reported

12

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150385.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152072.65

Forgiveness Date

06/02/2021

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