PPP Loan information for Axis welding & machine works inc.

$106,000

Axis welding & machine works inc. was initially approved for PPP Loan of amount $106,000, the current approved amount is $106,000. The loan was approved on 02/27/2021 by The Truist Bank reported 8 jobs and $106,000 was used to fund payroll.

Axis welding & machine works inc. is Existing or more than 2 years old

AXIS WELDING & MACHINE WORKS INC.

Date Approved

02/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

AXIS WELDING & MACHINE WORKS INC.

Borrower Address

155 Lister Ln

Borrower City

Creola

Borrower State

AL

Borrower Zip

36525-4415

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106000.00

Current Approval Amount

106000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Creola

Project County Name

MOBILE

Project State

AL

Project Zip

36525-4415

CD

AL-01

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106618.33

Forgiveness Date

09/29/2021

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