PPP Loan information for Davis machine works of opelika, inc.

$320,787

Davis machine works of opelika, inc. was initially approved for PPP Loan of amount $320,787, the current approved amount is $320,787. The loan was approved on 04/07/2020 by The PNC Bank, National Association reported 23 jobs and $320,787 was used to fund payroll.

Davis machine works of opelika, inc. is Existing or more than 2 years old

DAVIS MACHINE WORKS OF OPELIKA, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DAVIS MACHINE WORKS OF OPELIKA, INC.

Borrower Address

1318 LEE ROAD 42

Borrower City

OPELIKA

Borrower State

AL

Borrower Zip

36804-2034

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320787.00

Current Approval Amount

320787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OPELIKA

Project County Name

LEE

Project State

AL

Project Zip

36804-2034

CD

AL-03

Jobs Reported

23

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40098.00

Payroll Proceed

240590.00

Mortgage Interest Proceed

40099.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

323959.23

Forgiveness Date

03/31/2021

;