PPP Loan information for Machine builders and design inc

$751,512

Machine builders and design inc was initially approved for PPP Loan of amount $751,512, the current approved amount is $751,512. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 41 jobs and $751,512 was used to fund payroll.

Machine builders and design inc is Existing or more than 2 years old

PPP Loan Search / NC / SHELBY / Machine builders and design inc

MACHINE BUILDERS AND DESIGN INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MACHINE BUILDERS AND DESIGN INC

Borrower Address

806 N POST RD

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28150-4247

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

751512.00

Current Approval Amount

751512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

CLEVELAND

Project State

NC

Project Zip

28150-4247

CD

NC-10

Jobs Reported

41

NAICS Code

334118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

751512.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

756927.00

Forgiveness Date

01/25/2021

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