PPP Loan information for Sweatt's machining, inc.

$24,640

Sweatt's machining, inc. was initially approved for PPP Loan of amount $24,640, the current approved amount is $24,640. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank reported 4 jobs and $24,640 was used to fund payroll.

Sweatt's machining, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Sweatt's machining, inc.

SWEATT'S MACHINING, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SWEATT'S MACHINING, INC.

Borrower Address

713 ANDREWS ST Suite B

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144-8714

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24640.00

Current Approval Amount

24640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-8714

CD

NC-08

Jobs Reported

4

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24640.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24966.48

Forgiveness Date

08/20/2021

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