PPP Loan information for Mach-1 financial group inc.

$124,200

Mach-1 financial group inc. was initially approved for PPP Loan of amount $124,200, the current approved amount is $124,200. The loan was approved on 04/07/2020 by The Armstrong Bank reported 9 jobs and $124,200 was used to fund payroll.

Mach-1 financial group inc. is New Business or 2 years or less

MACH-1 FINANCIAL GROUP INC.

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MACH-1 FINANCIAL GROUP INC.

Borrower Address

408 N WALTON BLVD

Borrower City

BENTONVILLE

Borrower State

AR

Borrower Zip

72712-5047

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124200.00

Current Approval Amount

124200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59482

Servicing Lender Name

Armstrong Bank

Servicing Lender Address

1215 W Okmulgee St

Servicing Lender City

MUSKOGEE

Servicing Lender State

OK

Servicing Lender Zip

74401-6849

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BENTONVILLE

Project County Name

BENTON

Project State

AR

Project Zip

72712-5047

CD

AR-03

Jobs Reported

9

NAICS Code

523999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124200.00

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

59482

Originating Lender

Armstrong Bank

Originating Lender City

MUSKOGEE

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125098.32

Forgiveness Date

01/07/2021

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