PPP Loan information for Machine specialty & manufacturing inc

$920,825

Machine specialty & manufacturing inc was initially approved for PPP Loan of amount $920,825, the current approved amount is $920,825. The loan was approved on 01/21/2021 by The Home Bank, National Association reported 66 jobs and $920,825 was used to fund payroll.

Machine specialty & manufacturing inc is Existing or more than 2 years old

MACHINE SPECIALTY & MANUFACTURING INC

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MACHINE SPECIALTY & MANUFACTURING INC

Borrower Address

215 Rousseau Rd

Borrower City

Youngsville

Borrower State

LA

Borrower Zip

70592-5252

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

920825.08

Current Approval Amount

920825.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78563

Servicing Lender Name

Home Bank, National Association

Servicing Lender Address

503 Kaliste Saloom Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

LA

Servicing Lender Zip

70508-4203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngsville

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70592-5252

CD

LA-03

Jobs Reported

66

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

920822.10

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

78563

Originating Lender

Home Bank, National Association

Originating Lender City

LAFAYETTE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

925838.48

Forgiveness Date

08/10/2021

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