PPP Loan information for King machine and tool co

$253,500

King machine and tool co was initially approved for PPP Loan of amount $253,500, the current approved amount is $253,500. The loan was approved on 04/30/2020 by The Premier Bank reported 22 jobs and $253,500 was used to fund payroll.

King machine and tool co is Existing or more than 2 years old

PPP Loan Search / OH / Massillon / King machine and tool co

KING MACHINE AND TOOL CO

Date Approved

04/30/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

KING MACHINE AND TOOL CO

Borrower Address

1237 Sanders Ave SW

Borrower City

Massillon

Borrower State

OH

Borrower Zip

44647-7684

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253500.00

Current Approval Amount

253500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Massillon

Project County Name

STARK

Project State

OH

Project Zip

44647-7684

CD

OH-13

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253500.00

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

Subchapter S Corporation

Originating Lender Location Id

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256999.71

Forgiveness Date

09/21/2021

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