PPP Loan information for Machine specialties, inc.

$3,185,200

Machine specialties, inc. was initially approved for PPP Loan of amount $3,185,200, the current approved amount is $3,185,200. The loan was approved on 04/08/2020 by The First National Bank of Pennsylvania reported 233 jobs and $3,185,200 was used to fund payroll.

Machine specialties, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WHITSETT / Machine specialties, inc.

MACHINE SPECIALTIES, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MACHINE SPECIALTIES, INC.

Borrower Address

6511 Franz Warner Parkway

Borrower City

WHITSETT

Borrower State

NC

Borrower Zip

27377-9215

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3185200.00

Current Approval Amount

3185200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITSETT

Project County Name

GUILFORD

Project State

NC

Project Zip

27377-9215

CD

NC-06

Jobs Reported

233

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3185200.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3222006.76

Forgiveness Date

06/15/2021

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