PPP Loan information for Novelty machine works inc.

$107,012

Novelty machine works inc. was initially approved for PPP Loan of amount $107,012, the current approved amount is $107,012. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 11 jobs and $107,012 was used to fund payroll.

Novelty machine works inc. is Existing or more than 2 years old

NOVELTY MACHINE WORKS INC.

Date Approved

01/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

NOVELTY MACHINE WORKS INC.

Borrower Address

3120 Highway 80 W

Borrower City

Jackson

Borrower State

MS

Borrower Zip

39204-2226

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107012.00

Current Approval Amount

107012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

HINDS

Project State

MS

Project Zip

39204-2226

CD

MS-03

Jobs Reported

11

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107012.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107771.35

Forgiveness Date

10/25/2021

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