PPP Loan information for Lovett machine products inc.

$40,271

Lovett machine products inc. was initially approved for PPP Loan of amount $40,271, the current approved amount is $40,271. The loan was approved on 02/02/2021 by The The First Bank and Trust Company reported 5 jobs and $40,271 was used to fund payroll.

Lovett machine products inc. is Existing or more than 2 years old

PPP Loan Search / TN / Bristol / Lovett machine products inc.

LOVETT MACHINE PRODUCTS INC.

Date Approved

02/02/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

LOVETT MACHINE PRODUCTS INC.

Borrower Address

1963 Highway 126

Borrower City

Bristol

Borrower State

TN

Borrower Zip

37620-1501

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40271.00

Current Approval Amount

40271.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-1501

CD

TN-01

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40268.00

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

Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40425.37

Forgiveness Date

06/23/2021

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