PPP Loan information for Service machine & supply inc

$726,857

Service machine & supply inc was initially approved for PPP Loan of amount $726,857, the current approved amount is $726,857. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 41 jobs and $726,857 was used to fund payroll.

Service machine & supply inc is Existing or more than 2 years old

PPP Loan Search / LA / DUSON / Service machine & supply inc

SERVICE MACHINE & SUPPLY INC

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SERVICE MACHINE & SUPPLY INC

Borrower Address

1828 DENAIS RD

Borrower City

DUSON

Borrower State

LA

Borrower Zip

70529

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726857.00

Current Approval Amount

726857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUSON

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70529-0001

CD

LA-03

Jobs Reported

41

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

598357.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

735009.11

Forgiveness Date

06/04/2021

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