PPP Loan information for James machine works llc

$2,000,000

James machine works llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Origin Bank reported 132 jobs and $2,000,000 was used to fund payroll.

James machine works llc is Existing or more than 2 years old

JAMES MACHINE WORKS LLC

Date Approved

02/06/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

JAMES MACHINE WORKS LLC

Borrower Address

1521 Adams St

Borrower City

Monroe

Borrower State

LA

Borrower Zip

71201-7078

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

OUACHITA

Project State

LA

Project Zip

71201-7078

CD

LA-05

Jobs Reported

132

NAICS Code

332420

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023388.89

Forgiveness Date

04/13/2022

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