PPP Loan information for City machine & welding inc.

$564,208

City machine & welding inc. was initially approved for PPP Loan of amount $564,208, the current approved amount is $564,208. The loan was approved on 02/24/2021 by The Centennial Bank reported 37 jobs and $564,208 was used to fund payroll.

City machine & welding inc. is Existing or more than 2 years old

CITY MACHINE & WELDING INC.

Date Approved

02/24/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

CITY MACHINE & WELDING INC.

Borrower Address

9701 Business Interstate 40

Borrower City

Amarillo

Borrower State

TX

Borrower Zip

79124-2333

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

564208.21

Current Approval Amount

564208.21

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Amarillo

Project County Name

POTTER

Project State

TX

Project Zip

79124-2333

CD

TX-13

Jobs Reported

37

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

564202.21

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

571334.24

Forgiveness Date

06/29/2022

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