PPP Loan information for Veitch machine co inc

$176,897

Veitch machine co inc was initially approved for PPP Loan of amount $176,897, the current approved amount is $176,897. The loan was approved on 02/22/2021 by The Regions Bank reported 13 jobs and $176,897 was used to fund payroll.

Veitch machine co inc is Existing or more than 2 years old

VEITCH MACHINE CO INC

Date Approved

02/22/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

VEITCH MACHINE CO INC

Borrower Address

325 47th St

Borrower City

Fairfield

Borrower State

AL

Borrower Zip

35064-1308

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176897.00

Current Approval Amount

176897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

JEFFERSON

Project State

AL

Project Zip

35064-1308

CD

AL-07

Jobs Reported

13

NAICS Code

333511

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176895.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178748.36

Forgiveness Date

03/28/2022

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