PPP Loan information for Specialty machine works inc

$357,627

Specialty machine works inc was initially approved for PPP Loan of amount $357,627, the current approved amount is $357,627. The loan was approved on 02/03/2021 by The Hancock Whitney Bank reported 37 jobs and $357,627 was used to fund payroll.

Specialty machine works inc is Existing or more than 2 years old

SPECIALTY MACHINE WORKS INC

Date Approved

02/03/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SPECIALTY MACHINE WORKS INC

Borrower Address

11573 Three Rivers Rd

Borrower City

Gulfport

Borrower State

MS

Borrower Zip

39503-3353

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357627.00

Current Approval Amount

357627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gulfport

Project County Name

HARRISON

Project State

MS

Project Zip

39503-3353

CD

MS-04

Jobs Reported

37

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

357621.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

363160.28

Forgiveness Date

08/18/2022

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