PPP Loan information for James tool machine & engineering inc.

$1,256,600

James tool machine & engineering inc. was initially approved for PPP Loan of amount $1,256,600, the current approved amount is $1,256,600. The loan was approved on 02/20/2021 by The Truist Bank reported 93 jobs and $1,256,600 was used to fund payroll.

James tool machine & engineering inc. is Existing or more than 2 years old

PPP Loan Search / NC / Morganton / James tool machine & engineering inc.

JAMES TOOL MACHINE & ENGINEERING INC.

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

JAMES TOOL MACHINE & ENGINEERING INC.

Borrower Address

130 Reep Dr

Borrower City

Morganton

Borrower State

NC

Borrower Zip

28655-8441

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1256600.00

Current Approval Amount

1256600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morganton

Project County Name

BURKE

Project State

NC

Project Zip

28655-8441

CD

NC-10

Jobs Reported

93

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1256597.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1265605.63

Forgiveness Date

11/15/2021

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