PPP Loan information for Logan machine works inc

$197,187

Logan machine works inc was initially approved for PPP Loan of amount $197,187, the current approved amount is $197,187. The loan was approved on 03/08/2021 by The Synovus Bank reported 18 jobs and $197,187 was used to fund payroll.

Logan machine works inc is Existing or more than 2 years old

PPP Loan Search / AL / Phenix City / Logan machine works inc

LOGAN MACHINE WORKS INC

Date Approved

03/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

LOGAN MACHINE WORKS INC

Borrower Address

35 Downing Dr

Borrower City

Phenix City

Borrower State

AL

Borrower Zip

36869-3342

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197187.40

Current Approval Amount

197187.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phenix City

Project County Name

RUSSELL

Project State

AL

Project Zip

36869-3342

CD

AL-03

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197186.40

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198176.04

Forgiveness Date

09/15/2021

;