PPP Loan information for International parallel machines inc

$21,868

International parallel machines inc was initially approved for PPP Loan of amount $21,868, the current approved amount is $21,868. The loan was approved on 01/21/2021 by The First Citizens FCU reported 4 jobs and $21,868 was used to fund payroll.

International parallel machines inc is Existing or more than 2 years old

INTERNATIONAL PARALLEL MACHINES INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

INTERNATIONAL PARALLEL MACHINES INC

Borrower Address

50 Conduit St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02745-6016

Loan Status Date

09/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21867.50

Current Approval Amount

21867.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98289

Servicing Lender Name

First Citizens FCU

Servicing Lender Address

200 Mill Rd, Ste 100

Servicing Lender City

FAIRHAVEN

Servicing Lender State

MA

Servicing Lender Zip

02719-5252

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-6016

CD

MA-09

Jobs Reported

4

NAICS Code

334513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21867.50

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

98289

Originating Lender

First Citizens FCU

Originating Lender City

FAIRHAVEN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22162.71

Forgiveness Date

06/13/2022

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