PPP Loan information for Machine tools usa, inc.

$30,000

Machine tools usa, inc. was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/09/2020 by The Chesapeake Bank reported 5 jobs and $30,000 was used to fund payroll.

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

PPP Loan Search / VA / HUDGINS / Machine tools usa, inc.

MACHINE TOOLS USA, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MACHINE TOOLS USA, INC.

Borrower Address

62 HERON HARBOR WAY

Borrower City

HUDGINS

Borrower State

VA

Borrower Zip

23076-2086

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDGINS

Project County Name

MATHEWS

Project State

VA

Project Zip

23076-2086

CD

VA-01

Jobs Reported

5

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30245.00

Forgiveness Date

02/04/2021

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