PPP Loan information for Industrial pump & machine, llc

$355,600

Industrial pump & machine, llc was initially approved for PPP Loan of amount $355,300, the current approved amount is $355,600. The loan was approved on 04/09/2020 by The Oakworth Capital Bank reported 30 jobs and $355,600 was used to fund payroll.

Industrial pump & machine, llc is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Industrial pump & machine, llc

INDUSTRIAL PUMP & MACHINE, LLC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INDUSTRIAL PUMP & MACHINE, LLC

Borrower Address

2000 TELEGRAPH RD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36610-4143

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355300.00

Current Approval Amount

355600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455251

Servicing Lender Name

Oakworth Capital Bank

Servicing Lender Address

850 Shades Creek Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-4460

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36610-4143

CD

AL-01

Jobs Reported

30

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17780.00

Payroll Proceed

266700.00

Mortgage Interest Proceed

17780.00

Rent Proceed

17780.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17780.00

Debt Interest Proceed

17780

Business Type

Partnership

Originating Lender Location Id

455251

Originating Lender

Oakworth Capital Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

358632.48

Forgiveness Date

02/18/2021

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