PPP Loan information for Choate machine & tool company, incorporated

$118,618

Choate machine & tool company, incorporated was initially approved for PPP Loan of amount $118,618, the current approved amount is $118,618. The loan was approved on 04/28/2020 by The First Community Bank reported 21 jobs and $118,618 was used to fund payroll.

Choate machine & tool company, incorporated is Existing or more than 2 years old

PPP Loan Search / AR / BALD KNOB / Choate machine & tool company, incorporated

CHOATE MACHINE & TOOL COMPANY, INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CHOATE MACHINE & TOOL COMPANY, INCORPORATED

Borrower Address

116 Lovers Ln

Borrower City

BALD KNOB

Borrower State

AR

Borrower Zip

72010

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118618.15

Current Approval Amount

118618.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122113

Servicing Lender Name

First Community Bank

Servicing Lender Address

1325 Harrison St

Servicing Lender City

Batesville

Servicing Lender State

AR

Servicing Lender Zip

72501

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALD KNOB

Project County Name

WHITE

Project State

AR

Project Zip

72010-0001

CD

AR-02

Jobs Reported

21

NAICS Code

332994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29654.53

Payroll Proceed

88963.62

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

122113

Originating Lender

First Community Bank

Originating Lender City

Batesville

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119235.61

Forgiveness Date

11/12/2020

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