PPP Loan information for Industrial machine and gear inc.

$165,088

Industrial machine and gear inc. was initially approved for PPP Loan of amount $165,088, the current approved amount is $165,088. The loan was approved on 04/15/2020 by The Bank of Odessa reported 10 jobs and $165,088 was used to fund payroll.

Industrial machine and gear inc. is Existing or more than 2 years old

PPP Loan Search / MO / Lee's Summit / Industrial machine and gear inc.

INDUSTRIAL MACHINE AND GEAR INC.

Date Approved

04/15/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

INDUSTRIAL MACHINE AND GEAR INC.

Borrower Address

445 SE Gear Drive

Borrower City

Lee's Summit

Borrower State

MO

Borrower Zip

64015

Loan Status Date

04/27/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165088.00

Current Approval Amount

165088.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41184

Servicing Lender Name

Bank of Odessa

Servicing Lender Address

301 W Hwy 40

Servicing Lender City

ODESSA

Servicing Lender State

MO

Servicing Lender Zip

64076-7445

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lee's Summit

Project County Name

JACKSON

Project State

MO

Project Zip

64015-1100

CD

MO-04

Jobs Reported

10

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165088.00

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

Subchapter S Corporation

Originating Lender Location Id

41184

Originating Lender

Bank of Odessa

Originating Lender City

ODESSA

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

166042.34

Forgiveness Date

11/23/2020

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