PPP Loan information for Myers tool and machine company, inc.

$527,700

Myers tool and machine company, inc. was initially approved for PPP Loan of amount $527,700, the current approved amount is $527,700. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 60 jobs and $527,700 was used to fund payroll.

Myers tool and machine company, inc. is Existing or more than 2 years old

PPP Loan Search / NC / LEXINGTON / Myers tool and machine company, inc.

MYERS TOOL AND MACHINE COMPANY, INC.

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MYERS TOOL AND MACHINE COMPANY, INC.

Borrower Address

156 DIXON ST

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27292-7565

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527700.00

Current Approval Amount

527700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-7565

CD

NC-08

Jobs Reported

60

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527700.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

531025.23

Forgiveness Date

12/08/2020

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