PPP Loan information for Monroe industrial machine shop llc

$87,616

Monroe industrial machine shop llc was initially approved for PPP Loan of amount $87,616, the current approved amount is $87,616. The loan was approved on 02/14/2021 by The Peoples Bank of East Tennessee reported 10 jobs and $87,616 was used to fund payroll.

Monroe industrial machine shop llc is Existing or more than 2 years old

MONROE INDUSTRIAL MACHINE SHOP LLC

Date Approved

02/14/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MONROE INDUSTRIAL MACHINE SHOP LLC

Borrower Address

1205 Sands Rd

Borrower City

Sweetwater

Borrower State

TN

Borrower Zip

37874-6019

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87615.87

Current Approval Amount

87615.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122191

Servicing Lender Name

Peoples Bank of East Tennessee

Servicing Lender Address

4511 US Hwy 411

Servicing Lender City

MADISONVILLE

Servicing Lender State

TN

Servicing Lender Zip

37354-1573

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sweetwater

Project County Name

MONROE

Project State

TN

Project Zip

37874-6019

CD

TN-03

Jobs Reported

10

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87615.87

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

122191

Originating Lender

Peoples Bank of East Tennessee

Originating Lender City

MADISONVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88350.87

Forgiveness Date

12/14/2021

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