PPP Loan information for Frederick's machine & tool shop inc

$1,054,488

Frederick's machine & tool shop inc was initially approved for PPP Loan of amount $1,054,488, the current approved amount is $1,054,488. The loan was approved on 01/22/2021 by The Loan Source Incorporated reported 69 jobs and $1,054,488 was used to fund payroll.

Frederick's machine & tool shop inc is Existing or more than 2 years old

PPP Loan Search / LA / New Iberia / Frederick's machine & tool shop inc

FREDERICK'S MACHINE & TOOL SHOP INC

Date Approved

01/22/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

FREDERICK'S MACHINE & TOOL SHOP INC

Borrower Address

3903 2nd St

Borrower City

New Iberia

Borrower State

LA

Borrower Zip

70560-0500

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1054487.50

Current Approval Amount

1054487.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Iberia

Project County Name

IBERIA

Project State

LA

Project Zip

70560-0500

CD

LA-03

Jobs Reported

69

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1054484.50

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1016850.43

Forgiveness Date

03/31/2022

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