PPP Loan information for General machinery company inc

$790,807

General machinery company inc was initially approved for PPP Loan of amount $790,807, the current approved amount is $790,807. The loan was approved on 02/03/2021 by The Synovus Bank reported 58 jobs and $790,807 was used to fund payroll.

General machinery company inc is Existing or more than 2 years old

GENERAL MACHINERY COMPANY INC

Date Approved

02/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

GENERAL MACHINERY COMPANY INC

Borrower Address

921 1st Ave N

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35203-3009

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

790807.00

Current Approval Amount

790807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35203-3009

CD

AL-07

Jobs Reported

58

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

790804.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

799126.72

Forgiveness Date

03/09/2022

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