PPP Loan information for General machine & supply inc.

$225,000

General machine & supply inc. was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 01/29/2021 by The American Momentum Bank reported 16 jobs and $225,000 was used to fund payroll.

General machine & supply inc. is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / General machine & supply inc.

GENERAL MACHINE & SUPPLY INC.

Date Approved

01/29/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

GENERAL MACHINE & SUPPLY INC.

Borrower Address

8510 W Interstate 20

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79763-8600

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79763-8600

CD

TX-11

Jobs Reported

16

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

224998.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

228243.75

Forgiveness Date

07/13/2022

;