PPP Loan information for Phillips machine service, inc

$1,231,300

Phillips machine service, inc was initially approved for PPP Loan of amount $1,231,300, the current approved amount is $1,231,300. The loan was approved on 04/08/2020 by The United Bank reported 103 jobs and $1,231,300 was used to fund payroll.

Phillips machine service, inc is Existing or more than 2 years old

PHILLIPS MACHINE SERVICE, INC

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PHILLIPS MACHINE SERVICE, INC

Borrower Address

367 GEORGE ST

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-2652

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1231300.00

Current Approval Amount

1231300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-2652

CD

WV-01

Jobs Reported

103

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1231300.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1239235.04

Forgiveness Date

12/03/2020

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