PPP Loan information for Mcleod machine works inc

$337,143

Mcleod machine works inc was initially approved for PPP Loan of amount $337,143, the current approved amount is $337,143. The loan was approved on 04/06/2020 by The First Financial Bank, National Association reported 30 jobs and $337,143 was used to fund payroll.

Mcleod machine works inc is Existing or more than 2 years old

MCLEOD MACHINE WORKS INC

Date Approved

04/06/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MCLEOD MACHINE WORKS INC

Borrower Address

5455 OHIO ST

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77705-6211

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337143.00

Current Approval Amount

337143.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68922

Servicing Lender Name

First Financial Bank, National Association

Servicing Lender Address

400 Pine St

Servicing Lender City

ABILENE

Servicing Lender State

TX

Servicing Lender Zip

79601-5108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77705-6211

CD

TX-14

Jobs Reported

30

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

84285.75

Payroll Proceed

252857.25

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

68922

Originating Lender

First Financial Bank, National Association

Originating Lender City

ABILENE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329196.73

Forgiveness Date

11/23/2020

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