PPP Loan information for Ship point machine co., inc.

$195,941

Ship point machine co., inc. was initially approved for PPP Loan of amount $195,941, the current approved amount is $195,941. The loan was approved on 05/11/2020 by The Cross River Bank reported 16 jobs and $195,941 was used to fund payroll.

Ship point machine co., inc. is Existing or more than 2 years old

PPP Loan Search / MD / Hollywood / Ship point machine co., inc.

SHIP POINT MACHINE CO., INC.

Date Approved

05/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SHIP POINT MACHINE CO., INC.

Borrower Address

44010 COMMERCE AVE

Borrower City

Hollywood

Borrower State

MD

Borrower Zip

20636

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195941.00

Current Approval Amount

195941.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hollywood

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20636-0001

CD

MD-05

Jobs Reported

16

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195941.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199296.15

Forgiveness Date

01/28/2022

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