PPP Loan information for Jerry's machine inc

$86,787

Jerry's machine inc was initially approved for PPP Loan of amount $86,787, the current approved amount is $86,787. The loan was approved on 04/27/2020 by The Bank Independent reported 10 jobs and $86,787 was used to fund payroll.

Jerry's machine inc is Existing or more than 2 years old

JERRY'S MACHINE INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JERRY'S MACHINE INC

Borrower Address

1702 5th Ave SE

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86787.37

Current Approval Amount

86787.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35601-0001

CD

AL-05

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86787.37

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87356.31

Forgiveness Date

12/28/2020

;