PPP Loan information for National armature & machine inc.

$470,585

National armature & machine inc. was initially approved for PPP Loan of amount $470,585, the current approved amount is $470,585. The loan was approved on 01/16/2021 by The Logan Bank & Trust Company reported 40 jobs and $470,585 was used to fund payroll.

National armature & machine inc. is Existing or more than 2 years old

NATIONAL ARMATURE & MACHINE INC.

Date Approved

01/16/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

NATIONAL ARMATURE & MACHINE INC.

Borrower Address

4693 Whitman Creek Rd

Borrower City

Whitman

Borrower State

WV

Borrower Zip

25652

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

470585.00

Current Approval Amount

470585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Whitman

Project County Name

LOGAN

Project State

WV

Project Zip

25652

CD

WV-03

Jobs Reported

40

NAICS Code

213113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

470579.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

476245.09

Forgiveness Date

03/31/2022

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