PPP Loan information for Mason & overstreet welding and machine works inc

$262,338

Mason & overstreet welding and machine works inc was initially approved for PPP Loan of amount $262,338, the current approved amount is $262,338. The loan was approved on 03/31/2021 by The PriorityOne Bank reported 19 jobs and $262,338 was used to fund payroll.

Mason & overstreet welding and machine works inc is Existing or more than 2 years old

MASON & OVERSTREET WELDING AND MACHINE WORKS INC

Date Approved

03/31/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MASON & OVERSTREET WELDING AND MACHINE WORKS INC

Borrower Address

720 M and O Dr

Borrower City

Pearl

Borrower State

MS

Borrower Zip

39208-3335

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262338.13

Current Approval Amount

262338.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39546

Servicing Lender Name

PriorityOne Bank

Servicing Lender Address

220 Main Ave N

Servicing Lender City

MAGEE

Servicing Lender State

MS

Servicing Lender Zip

39111-3536

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pearl

Project County Name

RANKIN

Project State

MS

Project Zip

39208-3335

CD

MS-03

Jobs Reported

19

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262337.13

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

Subchapter S Corporation

Originating Lender Location Id

39546

Originating Lender

PriorityOne Bank

Originating Lender City

MAGEE

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

264178.09

Forgiveness Date

12/14/2021

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