PPP Loan information for General machine & tool co., inc

$113,478

General machine & tool co., inc was initially approved for PPP Loan of amount $113,478, the current approved amount is $113,478. The loan was approved on 04/07/2020 by The Bank of Tennessee reported 9 jobs and $113,478 was used to fund payroll.

General machine & tool co., inc is Existing or more than 2 years old

PPP Loan Search / TN / ELIZABETHTON / General machine & tool co., inc

GENERAL MACHINE & TOOL CO., INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GENERAL MACHINE & TOOL CO., INC

Borrower Address

152 Judge Don M Lewis Blvd

Borrower City

ELIZABETHTON

Borrower State

TN

Borrower Zip

37643

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113478.40

Current Approval Amount

113477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTON

Project County Name

CARTER

Project State

TN

Project Zip

37643-1200

CD

TN-01

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113477.50

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114542.93

Forgiveness Date

03/22/2021

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