PPP Loan information for Machine tech inc

$175,000

Machine tech inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $175,000 was used to fund payroll.

Machine tech inc is Existing or more than 2 years old

MACHINE TECH INC

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MACHINE TECH INC

Borrower Address

7 CROWDERS RDG

Borrower City

LAKE WYLIE

Borrower State

SC

Borrower Zip

29710

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE WYLIE

Project County Name

YORK

Project State

SC

Project Zip

29710-0001

CD

SC-05

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177378.08

Forgiveness Date

09/15/2021

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