PPP Loan information for Williams machine inc

$308,140

Williams machine inc was initially approved for PPP Loan of amount $308,140, the current approved amount is $308,140. The loan was approved on 04/09/2020 by The SouthPoint Bank reported 33 jobs and $308,140 was used to fund payroll.

Williams machine inc is Existing or more than 2 years old

PPP Loan Search / AL / ARAB / Williams machine inc

WILLIAMS MACHINE INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WILLIAMS MACHINE INC

Borrower Address

764 COUNTY ROAD 1845

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-2466

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308140.00

Current Approval Amount

308140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

CULLMAN

Project State

AL

Project Zip

35016-2466

CD

AL-04

Jobs Reported

33

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35561.00

Payroll Proceed

246512.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26067.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309877.57

Forgiveness Date

11/03/2020

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