PPP Loan information for The machine shop inc

$30,000

The machine shop inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 3 jobs and $30,000 was used to fund payroll.

The machine shop inc is New Business or 2 years or less

THE MACHINE SHOP INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE MACHINE SHOP INC

Borrower Address

107 MILDRED ST

Borrower City

GREENVILLE

Borrower State

AL

Borrower Zip

36037-2430

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GREENVILLE

Project County Name

BUTLER

Project State

AL

Project Zip

36037-2430

CD

AL-02

Jobs Reported

3

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30209.17

Forgiveness Date

12/28/2020

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