PPP Loan information for Saturn machine & welding co. inc.

$546,915

Saturn machine & welding co. inc. was initially approved for PPP Loan of amount $546,915, the current approved amount is $546,915. The loan was approved on 01/29/2021 by The United Community Bank of West Kentucky, Inc. reported 34 jobs and $546,915 was used to fund payroll.

Saturn machine & welding co. inc. is Existing or more than 2 years old

PPP Loan Search / KY / Sturgis / Saturn machine & welding co. inc.

SATURN MACHINE & WELDING CO. INC.

Date Approved

01/29/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

SATURN MACHINE & WELDING CO. INC.

Borrower Address

223 N Willie Pride Rd

Borrower City

Sturgis

Borrower State

KY

Borrower Zip

42459-8477

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

546915.00

Current Approval Amount

546915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

248970

Servicing Lender Name

United Community Bank of West Kentucky, Inc.

Servicing Lender Address

500 N Morgan St

Servicing Lender City

MORGANFIELD

Servicing Lender State

KY

Servicing Lender Zip

42437-1242

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

UNION

Project State

KY

Project Zip

42459-8477

CD

KY-01

Jobs Reported

34

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

546915.00

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

248970

Originating Lender

United Community Bank of West Kentucky, Inc.

Originating Lender City

MORGANFIELD

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

549467.27

Forgiveness Date

07/23/2021

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