PPP Loan information for United machine works

$62,648

United machine works was initially approved for PPP Loan of amount $62,648, the current approved amount is $62,648. The loan was approved on 04/08/2020 by The The Peoples Bank reported 9 jobs and $62,648 was used to fund payroll.

United machine works is Existing or more than 2 years old

UNITED MACHINE WORKS

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

UNITED MACHINE WORKS

Borrower Address

257 LOUIS HURLEY RD

Borrower City

EL DORADO

Borrower State

AR

Borrower Zip

71730-9555

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62647.55

Current Approval Amount

62647.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4825

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

500 N Jackson

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-2916

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EL DORADO

Project County Name

UNION

Project State

AR

Project Zip

71730-9555

CD

AR-04

Jobs Reported

9

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62647.55

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

Sole Proprietorship

Originating Lender Location Id

4825

Originating Lender

The Peoples Bank

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63244.85

Forgiveness Date

03/24/2021

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