PPP Loan information for Veitch machine co inc

$60,000

Veitch machine co inc was initially approved for PPP Loan of amount $51,500, the current approved amount is $60,000. The loan was approved on 05/01/2020 by The Regions Bank reported 17 jobs and $60,000 was used to fund payroll.

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

PPP Loan Search / AL / Fairfield / Veitch machine co inc

VEITCH MACHINE CO INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VEITCH MACHINE CO INC

Borrower Address

325 47th Street

Borrower City

Fairfield

Borrower State

AL

Borrower Zip

35064

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51500.00

Current Approval Amount

60000.00

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

35064-0001

CD

AL-07

Jobs Reported

17

NAICS Code

333999

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

60641.10

Forgiveness Date

06/17/2021

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