PPP Loan information for American tool and machining inc.

$83,653

American tool and machining inc. was initially approved for PPP Loan of amount $83,653, the current approved amount is $83,653. The loan was approved on 03/09/2021 by The Simmons Bank reported 9 jobs and $83,653 was used to fund payroll.

American tool and machining inc. is Existing or more than 2 years old

AMERICAN TOOL AND MACHINING INC.

Date Approved

03/09/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

AMERICAN TOOL AND MACHINING INC.

Borrower Address

1910 Benton St 1910 S Benton Street

Borrower City

Searcy

Borrower State

AR

Borrower Zip

72143-6918

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83652.55

Current Approval Amount

83652.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Searcy

Project County Name

WHITE

Project State

AR

Project Zip

72143-6918

CD

AR-02

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83652.55

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

Subchapter S Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

84084.75

Forgiveness Date

09/23/2021

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