PPP Loan information for Timco machine tools inc.

$251,527

Timco machine tools inc. was initially approved for PPP Loan of amount $251,527, the current approved amount is $251,527. The loan was approved on 03/18/2021 by The Arvest Bank reported 19 jobs and $251,527 was used to fund payroll.

Timco machine tools inc. is Existing or more than 2 years old

TIMCO MACHINE TOOLS INC.

Date Approved

03/18/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

TIMCO MACHINE TOOLS INC.

Borrower Address

1720 N Juniper Ave

Borrower City

Broken Arrow

Borrower State

OK

Borrower Zip

74012-1415

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

251527.00

Current Approval Amount

251527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Broken Arrow

Project County Name

TULSA

Project State

OK

Project Zip

74012-1415

CD

OK-01

Jobs Reported

19

NAICS Code

333515

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

251526.00

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

Subchapter S Corporation

Originating Lender Location Id

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

252924.37

Forgiveness Date

10/06/2021

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