PPP Loan information for Piedmont precision machine co inc

$774,835

Piedmont precision machine co inc was initially approved for PPP Loan of amount $774,835, the current approved amount is $774,835. The loan was approved on 04/27/2020 by The Carter Bank & Trust reported 78 jobs and $774,835 was used to fund payroll.

Piedmont precision machine co inc is Existing or more than 2 years old

PPP Loan Search / VA / DANVILLE / Piedmont precision machine co inc

PIEDMONT PRECISION MACHINE CO INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PIEDMONT PRECISION MACHINE CO INC

Borrower Address

150 AIRSIDE DR

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24540-5613

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

774835.00

Current Approval Amount

774835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-5613

CD

VA-05

Jobs Reported

78

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

774835.00

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

Subchapter S Corporation

Originating Lender Location Id

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

754393.72

Forgiveness Date

08/10/2021

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