PPP Loan information for Mach 1 lube, tube, & ac, inc.

$77,500

Mach 1 lube, tube, & ac, inc. was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 04/27/2020 by The Ameris Bank reported 8 jobs and $77,500 was used to fund payroll.

Mach 1 lube, tube, & ac, inc. is Existing or more than 2 years old

PPP Loan Search / GA / HINESVILLE / Mach 1 lube, tube, & ac, inc.

MACH 1 LUBE, TUBE, & AC, INC.

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MACH 1 LUBE, TUBE, & AC, INC.

Borrower Address

701 Courtland Dr.

Borrower City

HINESVILLE

Borrower State

GA

Borrower Zip

31313-4464

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HINESVILLE

Project County Name

LIBERTY

Project State

GA

Project Zip

31313-4464

CD

GA-01

Jobs Reported

8

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15500.00

Payroll Proceed

62000.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78032.95

Forgiveness Date

01/13/2021

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