PPP Loan information for National machinery & conveyor, inc.

$2,906,822

National machinery & conveyor, inc. was initially approved for PPP Loan of amount $2,906,822, the current approved amount is $2,906,822. The loan was approved on 04/13/2020 by The First Farmers Bank & Trust Co. reported 97 jobs and $2,906,822 was used to fund payroll.

National machinery & conveyor, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MARION / National machinery & conveyor, inc.

NATIONAL MACHINERY & CONVEYOR, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NATIONAL MACHINERY & CONVEYOR, INC.

Borrower Address

3225 S TORRENCE ST

Borrower City

MARION

Borrower State

IN

Borrower Zip

46953-3930

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2906821.57

Current Approval Amount

2906821.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

GRANT

Project State

IN

Project Zip

46953-3930

CD

IN-05

Jobs Reported

97

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2906821.57

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

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2940349.57

Forgiveness Date

06/11/2021

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