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

$888,379

Frederick's machine & tool shop, inc was initially approved for PPP Loan of amount $888,379, the current approved amount is $888,379. The loan was approved on 04/07/2020 by The b1BANK reported 69 jobs and $888,379 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

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

FREDERICK'S MACHINE & TOOL SHOP, INC

Borrower Address

3903 Second St

Borrower City

NEW IBERIA

Borrower State

LA

Borrower Zip

70560-0500

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

888379.00

Current Approval Amount

888379.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

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

0.00

Payroll Proceed

843590.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

44789

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

896448.44

Forgiveness Date

03/03/2021

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