PPP Loan information for Machine and hydraulics inc.

$113,600

Machine and hydraulics inc. was initially approved for PPP Loan of amount $113,600, the current approved amount is $113,600. The loan was approved on 04/15/2020 by The Peoples Bank of Alabama reported 12 jobs and $113,600 was used to fund payroll.

Machine and hydraulics inc. is Existing or more than 2 years old

PPP Loan Search / AL / GARDENDALE / Machine and hydraulics inc.

MACHINE AND HYDRAULICS INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MACHINE AND HYDRAULICS INC.

Borrower Address

330 DECATUR HWY

Borrower City

GARDENDALE

Borrower State

AL

Borrower Zip

35071-2957

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113600.00

Current Approval Amount

113600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARDENDALE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35071-2957

CD

AL-06

Jobs Reported

12

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27391.87

Payroll Proceed

86208.13

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114423.60

Forgiveness Date

01/07/2021

;