PPP Loan information for 4 mac machining, inc

$54,700

4 mac machining, inc was initially approved for PPP Loan of amount $54,700, the current approved amount is $54,700. The loan was approved on 04/04/2020 by The Wayne County Bank reported 5 jobs and $54,700 was used to fund payroll.

4 mac machining, inc is Existing or more than 2 years old

4 MAC MACHINING, INC

Date Approved

04/04/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

4 MAC MACHINING, INC

Borrower Address

1108 Waynesboro Hwy

Borrower City

WAYNESBORO

Borrower State

TN

Borrower Zip

38485-6505

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54700.00

Current Approval Amount

54700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNE

Project State

TN

Project Zip

38485-6505

CD

TN-07

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

48700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55011.72

Forgiveness Date

11/05/2020

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