PPP Loan information for Nagel machine co inc

$97,575

Nagel machine co inc was initially approved for PPP Loan of amount $97,575, the current approved amount is $97,575. The loan was approved on 05/13/2020 by The Bank of America, National Association reported 9 jobs and $97,575 was used to fund payroll.

Nagel machine co inc is Existing or more than 2 years old

NAGEL MACHINE CO INC

Date Approved

05/13/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

NAGEL MACHINE CO INC

Borrower Address

27 WIGHTMAN ST

Borrower City

WEST WARWICK

Borrower State

RI

Borrower Zip

02893-3425

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97575.00

Current Approval Amount

97575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST WARWICK

Project County Name

KENT

Project State

RI

Project Zip

02893-3425

CD

RI-02

Jobs Reported

9

NAICS Code

334112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97575.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98401.05

Forgiveness Date

03/19/2021

;