PPP Loan information for Metaltech machine & tool llc

$81,963

Metaltech machine & tool llc was initially approved for PPP Loan of amount $81,963, the current approved amount is $81,963. The loan was approved on 04/13/2020 by The Cadence Bank reported 5 jobs and $81,963 was used to fund payroll.

Metaltech machine & tool llc is New Business or 2 years or less

METALTECH MACHINE & TOOL LLC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

METALTECH MACHINE & TOOL LLC

Borrower Address

6747 SWEARENGIN ROAD

Borrower City

SCOTTSBORO

Borrower State

AL

Borrower Zip

35769-9647

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81962.50

Current Approval Amount

81962.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SCOTTSBORO

Project County Name

JACKSON

Project State

AL

Project Zip

35769-9647

CD

AL-04

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81962.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82490.70

Forgiveness Date

12/14/2020

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