PPP Loan information for Heavy machines inc.

$2,000,000

Heavy machines inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Pinnacle Bank reported 184 jobs and $2,000,000 was used to fund payroll.

Heavy machines inc. is Existing or more than 2 years old

PPP Loan Search / TN / Memphis / Heavy machines inc.

HEAVY MACHINES INC.

Date Approved

01/21/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

HEAVY MACHINES INC.

Borrower Address

3926 E Raines Rd

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38118-6936

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Memphis

Project County Name

SHELBY

Project State

TN

Project Zip

38118-6936

CD

TN-09

Jobs Reported

184

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015945.21

Forgiveness Date

11/10/2021

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