PPP Loan information for Sanders machine inc

$378,182

Sanders machine inc was initially approved for PPP Loan of amount $378,182, the current approved amount is $378,182. The loan was approved on 01/21/2021 by The Gibsland Bank & Trust Company reported 21 jobs and $378,182 was used to fund payroll.

Sanders machine inc is Existing or more than 2 years old

SANDERS MACHINE INC

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SANDERS MACHINE INC

Borrower Address

200 Corporate Dr

Borrower City

Sibley

Borrower State

LA

Borrower Zip

71073-3096

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

378182.00

Current Approval Amount

378182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sibley

Project County Name

WEBSTER

Project State

LA

Project Zip

71073-3096

CD

LA-04

Jobs Reported

21

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

378182.00

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

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

380254.23

Forgiveness Date

08/10/2021

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