PPP Loan information for United machine and tool

$153,125

United machine and tool was initially approved for PPP Loan of amount $153,125, the current approved amount is $153,125. The loan was approved on 04/10/2020 by The Volunteer State Bank reported 14 jobs and $153,125 was used to fund payroll.

United machine and tool is Existing or more than 2 years old

UNITED MACHINE AND TOOL

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

UNITED MACHINE AND TOOL

Borrower Address

215 CONNELL STREET

Borrower City

GOODLETTSVILLE

Borrower State

TN

Borrower Zip

37072-1452

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153125.00

Current Approval Amount

153125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GOODLETTSVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37072-1452

CD

TN-06

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19140.63

Payroll Proceed

114843.75

Mortgage Interest Proceed

19140.62

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

154073.52

Forgiveness Date

11/20/2020

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