PPP Loan information for Avans machine inc.

$740,700

Avans machine inc. was initially approved for PPP Loan of amount $740,700, the current approved amount is $740,700. The loan was approved on 04/30/2020 by The Regions Bank reported 68 jobs and $740,700 was used to fund payroll.

Avans machine inc. is Existing or more than 2 years old

AVANS MACHINE INC.

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AVANS MACHINE INC.

Borrower Address

25490 AL Hwy 79,

Borrower City

Scottsboro

Borrower State

AL

Borrower Zip

35768

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740700.00

Current Approval Amount

740700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsboro

Project County Name

JACKSON

Project State

AL

Project Zip

35768-0001

CD

AL-05

Jobs Reported

68

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

740700.00

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

Subchapter S 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

744170.13

Forgiveness Date

11/03/2020

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