PPP Loan information for Pontotoc machine works, inc.

$26,400

Pontotoc machine works, inc. was initially approved for PPP Loan of amount $26,400, the current approved amount is $26,400. The loan was approved on 04/10/2020 by The First Choice Bank reported 4 jobs and $26,400 was used to fund payroll.

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

PPP Loan Search / MS / PONTOTOC / Pontotoc machine works, inc.

PONTOTOC MACHINE WORKS, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PONTOTOC MACHINE WORKS, INC.

Borrower Address

312 Hwy 15

Borrower City

PONTOTOC

Borrower State

MS

Borrower Zip

38863-0587

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26400.00

Current Approval Amount

26400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39688

Servicing Lender Name

First Choice Bank

Servicing Lender Address

19 S Main St

Servicing Lender City

PONTOTOC

Servicing Lender State

MS

Servicing Lender Zip

38863-2821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PONTOTOC

Project County Name

PONTOTOC

Project State

MS

Project Zip

38863-0587

CD

MS-01

Jobs Reported

4

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26400.00

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

39688

Originating Lender

First Choice Bank

Originating Lender City

PONTOTOC

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22548.09

Forgiveness Date

12/10/2020

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