PPP Loan information for Service machine & supply inc

$715,767

Service machine & supply inc was initially approved for PPP Loan of amount $715,767, the current approved amount is $715,767. The loan was approved on 03/31/2021 by The JPMorgan Chase Bank, National Association reported 32 jobs and $715,767 was used to fund payroll.

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

SERVICE MACHINE & SUPPLY INC

Date Approved

03/31/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SERVICE MACHINE & SUPPLY INC

Borrower Address

1828 Denais Rd

Borrower City

Duson

Borrower State

LA

Borrower Zip

70529-4405

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

715767.00

Current Approval Amount

715767.00

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

70529-4405

CD

LA-03

Jobs Reported

32

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

715761.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724106.48

Forgiveness Date

06/06/2022

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