PPP Loan information for Tms machine & welding, inc.

$34,255

Tms machine & welding, inc. was initially approved for PPP Loan of amount $34,255, the current approved amount is $34,255. The loan was approved on 04/29/2020 by The Newport Federal Bank reported 4 jobs and $34,255 was used to fund payroll.

Tms machine & welding, inc. is Existing or more than 2 years old

TMS MACHINE & WELDING, INC.

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TMS MACHINE & WELDING, INC.

Borrower Address

355 Industrial Rd

Borrower City

Newport

Borrower State

TN

Borrower Zip

37821

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34255.00

Current Approval Amount

34255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81328

Servicing Lender Name

Newport Federal Bank

Servicing Lender Address

170 W Broadway

Servicing Lender City

NEWPORT

Servicing Lender State

TN

Servicing Lender Zip

37821-2325

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

COCKE

Project State

TN

Project Zip

37821-0400

CD

TN-01

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2799.00

Payroll Proceed

30456.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

81328

Originating Lender

Newport Federal Bank

Originating Lender City

NEWPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34582.33

Forgiveness Date

04/15/2021

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