PPP Loan information for Banks engineering & machine

$62,800

Banks engineering & machine was initially approved for PPP Loan of amount $62,800, the current approved amount is $62,800. The loan was approved on 03/06/2021 by The Guaranty Bank reported 7 jobs and $62,800 was used to fund payroll.

Banks engineering & machine is Existing or more than 2 years old

BANKS ENGINEERING & MACHINE

Date Approved

03/06/2021

SBA Office Code

0721

Processing Method

PPP

Borrower Name

BANKS ENGINEERING & MACHINE

Borrower Address

5502 Dennis Weaver Dr

Borrower City

Webb City

Borrower State

MO

Borrower Zip

64870-7207

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62800.00

Current Approval Amount

62800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

459652

Servicing Lender Name

Guaranty Bank

Servicing Lender Address

2006 S Glenstone Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MO

Servicing Lender Zip

65804-2428

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Webb City

Project County Name

JASPER

Project State

MO

Project Zip

64870-7207

CD

MO-07

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62797.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

459652

Originating Lender

Guaranty Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63030.27

Forgiveness Date

07/23/2021

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