PPP Loan information for Machine specialists inc

$127,732

Machine specialists inc was initially approved for PPP Loan of amount $127,733, the current approved amount is $127,732. The loan was approved on 04/13/2020 by The Cadence Bank reported 13 jobs and $127,732 was used to fund payroll.

Machine specialists inc is New Business or 2 years or less

PPP Loan Search / AL / CROSSVILLE / Machine specialists inc

MACHINE SPECIALISTS INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MACHINE SPECIALISTS INC

Borrower Address

139 UNION GROVE ROAD SOUTH

Borrower City

CROSSVILLE

Borrower State

AL

Borrower Zip

35962-3098

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127732.50

Current Approval Amount

127732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CROSSVILLE

Project County Name

DE KALB

Project State

AL

Project Zip

35962-3098

CD

AL-04

Jobs Reported

13

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127732.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128658.06

Forgiveness Date

01/19/2021

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