PPP Loan information for Mountain town machine corp

$84,000

Mountain town machine corp was initially approved for PPP Loan of amount $84,000, the current approved amount is $84,000. The loan was approved on 04/03/2020 by The Peoples Exchange Bank reported 9 jobs and $84,000 was used to fund payroll.

Mountain town machine corp is Existing or more than 2 years old

MOUNTAIN TOWN MACHINE CORP

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MOUNTAIN TOWN MACHINE CORP

Borrower Address

212 E HIGH STREET

Borrower City

MOUNT STERLING

Borrower State

KY

Borrower Zip

40353-1216

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84000.00

Current Approval Amount

84000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT STERLING

Project County Name

MONTGOMERY

Project State

KY

Project Zip

40353-1216

CD

KY-06

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84000.00

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

Subchapter S Corporation

Originating Lender Location Id

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84648.67

Forgiveness Date

01/07/2021

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