PPP Loan information for Machine tool technology

$113,369

Machine tool technology was initially approved for PPP Loan of amount $113,369, the current approved amount is $113,369. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $113,369 was used to fund payroll.

Machine tool technology is Existing or more than 2 years old

PPP Loan Search / VA / SOUTH CHESTERFIELD / Machine tool technology

MACHINE TOOL TECHNOLOGY

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MACHINE TOOL TECHNOLOGY

Borrower Address

1830 RUFFIN MILL CIR A

Borrower City

SOUTH CHESTERFIELD

Borrower State

VA

Borrower Zip

23834

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113369.00

Current Approval Amount

113369.00

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

SOUTH CHESTERFIELD

Project County Name

COLONIAL HEIGHTS CITY

Project State

VA

Project Zip

23834-0001

CD

VA-04

Jobs Reported

10

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113369.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114425.04

Forgiveness Date

04/19/2021

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