PPP Loan information for James machine works, llc

$3,242,938

James machine works, llc was initially approved for PPP Loan of amount $3,242,938, the current approved amount is $3,242,938. The loan was approved on 04/07/2020 by The Origin Bank reported 136 jobs and $3,242,938 was used to fund payroll.

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

PPP Loan Search / LA / MONROE / James machine works, llc

JAMES MACHINE WORKS, LLC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

JAMES MACHINE WORKS, LLC

Borrower Address

1521 ADAMS ST

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71201-7078

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3242937.50

Current Approval Amount

3242937.50

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

136

NAICS Code

332420

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

324293.30

Payroll Proceed

2918644.20

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

3280771.77

Forgiveness Date

06/11/2021

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