PPP Loan information for Galyon's machine shop inc

$369,295

Galyon's machine shop inc was initially approved for PPP Loan of amount $369,295, the current approved amount is $369,295. The loan was approved on 04/27/2020 by The Peoples Bank of East Tennessee reported 39 jobs and $369,295 was used to fund payroll.

Galyon's machine shop inc is Existing or more than 2 years old

PPP Loan Search / TN / SWEETWATER / Galyon's machine shop inc

GALYON'S MACHINE SHOP INC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GALYON'S MACHINE SHOP INC

Borrower Address

650 COUNTY ROAD 326

Borrower City

SWEETWATER

Borrower State

TN

Borrower Zip

37874-5075

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369294.85

Current Approval Amount

369294.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122191

Servicing Lender Name

Peoples Bank of East Tennessee

Servicing Lender Address

4511 US Hwy 411

Servicing Lender City

MADISONVILLE

Servicing Lender State

TN

Servicing Lender Zip

37354-1573

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWEETWATER

Project County Name

MCMINN

Project State

TN

Project Zip

37874-5075

CD

TN-03

Jobs Reported

39

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

369294.85

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

Corporation

Originating Lender Location Id

122191

Originating Lender

Peoples Bank of East Tennessee

Originating Lender City

MADISONVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371633.72

Forgiveness Date

12/15/2020

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