PPP Loan information for New bremen machine & tool co. inc.

$320,933

New bremen machine & tool co. inc. was initially approved for PPP Loan of amount $320,933, the current approved amount is $320,933. The loan was approved on 01/19/2021 by The First National Bank in New Bremen reported 24 jobs and $320,933 was used to fund payroll.

New bremen machine & tool co. inc. is Existing or more than 2 years old

NEW BREMEN MACHINE & TOOL CO. INC.

Date Approved

01/19/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

NEW BREMEN MACHINE & TOOL CO. INC.

Borrower Address

705 Kuenzel Dr

Borrower City

New Bremen

Borrower State

OH

Borrower Zip

45869-8600

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320932.50

Current Approval Amount

320932.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57929

Servicing Lender Name

First National Bank in New Bremen

Servicing Lender Address

435 S Washington St

Servicing Lender City

NEW BREMEN

Servicing Lender State

OH

Servicing Lender Zip

45869-1254

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Bremen

Project County Name

AUGLAIZE

Project State

OH

Project Zip

45869-8600

CD

OH-04

Jobs Reported

24

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

320927.50

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

57929

Originating Lender

First National Bank in New Bremen

Originating Lender City

NEW BREMEN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322787.75

Forgiveness Date

08/25/2021

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