PPP Loan information for Machining technology, inc.

$36,100

Machining technology, inc. was initially approved for PPP Loan of amount $36,100, the current approved amount is $36,100. The loan was approved on 06/01/2020 by The Truist Bank reported 6 jobs and $36,100 was used to fund payroll.

Machining technology, inc. is Existing or more than 2 years old

PPP Loan Search / VA / Suffolk / Machining technology, inc.

MACHINING TECHNOLOGY, INC.

Date Approved

06/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MACHINING TECHNOLOGY, INC.

Borrower Address

1492 Progress Rd.

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23434

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36100.00

Current Approval Amount

36100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-2146

CD

VA-02

Jobs Reported

6

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36354.71

Forgiveness Date

04/08/2021

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