PPP Loan information for Southern region machine service inc

$24,306

Southern region machine service inc was initially approved for PPP Loan of amount $24,306, the current approved amount is $24,306. The loan was approved on 04/28/2020 by The New Peoples Bank, Inc. reported 5 jobs and $24,306 was used to fund payroll.

Southern region machine service inc is Existing or more than 2 years old

PPP Loan Search / VA / CASTLEWOOD / Southern region machine service inc

SOUTHERN REGION MACHINE SERVICE INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHERN REGION MACHINE SERVICE INC

Borrower Address

157 Industrial Dr

Borrower City

CASTLEWOOD

Borrower State

VA

Borrower Zip

24224-9999

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24306.25

Current Approval Amount

24306.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CASTLEWOOD

Project County Name

RUSSELL

Project State

VA

Project Zip

24224-9999

CD

VA-09

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24306.25

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24495.97

Forgiveness Date

02/11/2021

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