PPP Loan information for International machine technology inc

$439,000

International machine technology inc was initially approved for PPP Loan of amount $439,000, the current approved amount is $439,000. The loan was approved on 04/15/2020 by The The First Bank reported 35 jobs and $439,000 was used to fund payroll.

International machine technology inc is Existing or more than 2 years old

PPP Loan Search / GA / WAYCROSS / International machine technology inc

INTERNATIONAL MACHINE TECHNOLOGY INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

INTERNATIONAL MACHINE TECHNOLOGY INC

Borrower Address

952 ALICE STREET

Borrower City

WAYCROSS

Borrower State

GA

Borrower Zip

31501

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439000.00

Current Approval Amount

439000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAYCROSS

Project County Name

WARE

Project State

GA

Project Zip

31501-0001

CD

GA-01

Jobs Reported

35

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

329250.00

Mortgage Interest Proceed

0.00

Rent Proceed

109750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

442829.06

Forgiveness Date

03/02/2021

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