PPP Loan information for Machine specialty & mfg., inc.

$1,212,700

Machine specialty & mfg., inc. was initially approved for PPP Loan of amount $1,212,700, the current approved amount is $1,212,700. The loan was approved on 04/08/2020 by The Home Bank, National Association reported 71 jobs and $1,212,700 was used to fund payroll.

Machine specialty & mfg., inc. is Existing or more than 2 years old

MACHINE SPECIALTY & MFG., INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MACHINE SPECIALTY & MFG., INC.

Borrower Address

215 Rousseau Road

Borrower City

YOUNGSVILLE

Borrower State

LA

Borrower Zip

70592-5252

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1212700.00

Current Approval Amount

1212700.00

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

71

NAICS Code

332999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1212700.00

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

78563

Originating Lender

Home Bank, National Association

Originating Lender City

LAFAYETTE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1222637.40

Forgiveness Date

02/03/2021

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