PPP Loan information for Matchless machine & tool company inc.

$337,516

Matchless machine & tool company inc. was initially approved for PPP Loan of amount $337,516, the current approved amount is $337,516. The loan was approved on 04/15/2020 by The Home Bank, SB reported 27 jobs and $337,516 was used to fund payroll.

Matchless machine & tool company inc. is Existing or more than 2 years old

MATCHLESS MACHINE & TOOL COMPANY INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MATCHLESS MACHINE & TOOL COMPANY INC.

Borrower Address

55 James Baldwin Drivee

Borrower City

MARTINSVILLE

Borrower State

IN

Borrower Zip

46151-8081

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337516.00

Current Approval Amount

337516.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84421

Servicing Lender Name

Home Bank, SB

Servicing Lender Address

59 W Washington St

Servicing Lender City

MARTINSVILLE

Servicing Lender State

IN

Servicing Lender Zip

46151-4521

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARTINSVILLE

Project County Name

MORGAN

Project State

IN

Project Zip

46151-8081

CD

IN-04

Jobs Reported

27

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

313516.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84421

Originating Lender

Home Bank, SB

Originating Lender City

MARTINSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341509.94

Forgiveness Date

06/23/2021

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