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 01/27/2021 by The Loan Source Incorporated reported 17 jobs and $243,985 was used to fund payroll.

Mcallister tool & machine inc is Existing or more than 2 years old

MCALLISTER TOOL & MACHINE INC

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MCALLISTER TOOL & MACHINE INC

Borrower Address

3100 Soap Cir SW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35805-6712

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243985.00

Current Approval Amount

243985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35805-6712

CD

AL-05

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

243983.00

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

246779.13

Forgiveness Date

03/31/2022

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