PPP Loan information for Albany magneto equipment, inc.

$400,000

Albany magneto equipment, inc. was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 05/14/2020 by The Umpqua Bank reported 24 jobs and $400,000 was used to fund payroll.

Albany magneto equipment, inc. is Unanswered

PPP Loan Search / OR / JEFFERSON / Albany magneto equipment, inc.

ALBANY MAGNETO EQUIPMENT, INC.

Date Approved

05/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ALBANY MAGNETO EQUIPMENT, INC.

Borrower Address

402 HAZEL ST

Borrower City

JEFFERSON

Borrower State

OR

Borrower Zip

97352-9252

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

JEFFERSON

Project County Name

MARION

Project State

OR

Project Zip

97352-9252

CD

OR-05

Jobs Reported

24

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403364.38

Forgiveness Date

03/25/2021

;