PPP Loan information for Mcallister tool & machine inc

$243,985

Mcallister tool & machine inc was initially approved for PPP Loan of amount $243,985, the current approved amount is $243,985. The loan was approved on 04/12/2020 by The Cadence Bank reported 17 jobs and $243,985 was used to fund payroll.

Mcallister tool & machine inc is New Business or 2 years or less

PPP Loan Search / AL / HUNTSVILLE / Mcallister tool & machine inc

MCALLISTER TOOL & MACHINE INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCALLISTER TOOL & MACHINE INC

Borrower Address

3100 SOAP CIRCLE

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35805

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243985.00

Current Approval Amount

243985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35805-0099

CD

AL-05

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243985.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246167.31

Forgiveness Date

03/11/2021

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