PPP Loan information for Methvin equipment inc.

$183,578

Methvin equipment inc. was initially approved for PPP Loan of amount $183,578, the current approved amount is $183,578. The loan was approved on 04/10/2020 by The First Metro Bank reported 16 jobs and $183,578 was used to fund payroll.

Methvin equipment inc. is Existing or more than 2 years old

PPP Loan Search / AL / FLORENCE / Methvin equipment inc.

METHVIN EQUIPMENT INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

METHVIN EQUIPMENT INC.

Borrower Address

810 TERRACE ST

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-5853

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183578.00

Current Approval Amount

183578.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-5853

CD

AL-05

Jobs Reported

16

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18357.80

Payroll Proceed

137683.50

Mortgage Interest Proceed

27536.70

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

184684.57

Forgiveness Date

11/19/2020

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