PPP Loan information for General machine inc

$55,400

General machine inc was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 05/06/2020 by The Fidelity Bank reported 6 jobs and $55,400 was used to fund payroll.

General machine inc is Existing or more than 2 years old

PPP Loan Search / LA / Kenner / General machine inc

GENERAL MACHINE INC

Date Approved

05/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GENERAL MACHINE INC

Borrower Address

25 West Third Street

Borrower City

Kenner

Borrower State

LA

Borrower Zip

70062

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79123

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

2550 Florida Street

Servicing Lender City

Mandeville

Servicing Lender State

LA

Servicing Lender Zip

70448

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kenner

Project County Name

JEFFERSON

Project State

LA

Project Zip

70062-3400

CD

LA-02

Jobs Reported

6

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55400.00

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

Subchapter S Corporation

Originating Lender Location Id

79123

Originating Lender

Fidelity Bank

Originating Lender City

Mandeville

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55957.08

Forgiveness Date

05/13/2021

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