PPP Loan information for Professional machine & tool co., inc.

$188,597

Professional machine & tool co., inc. was initially approved for PPP Loan of amount $188,597, the current approved amount is $188,597. The loan was approved on 04/27/2020 by The Pinnacle Bank reported 16 jobs and $188,597 was used to fund payroll.

Professional machine & tool co., inc. is Existing or more than 2 years old

PPP Loan Search / TN / GALLATIN / Professional machine & tool co., inc.

PROFESSIONAL MACHINE & TOOL CO., INC.

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROFESSIONAL MACHINE & TOOL CO., INC.

Borrower Address

260 AIRPORT RD

Borrower City

GALLATIN

Borrower State

TN

Borrower Zip

37066

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188597.00

Current Approval Amount

188597.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALLATIN

Project County Name

SUMNER

Project State

TN

Project Zip

37066-0001

CD

TN-06

Jobs Reported

16

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188597.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189843.62

Forgiveness Date

03/31/2021

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