PPP Loan information for Heavy machines, inc.

$2,728,400

Heavy machines, inc. was initially approved for PPP Loan of amount $2,728,400, the current approved amount is $2,728,400. The loan was approved on 04/08/2020 by The Pinnacle Bank reported 184 jobs and $2,728,400 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

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HEAVY MACHINES, INC.

Borrower Address

3926 EAST RAINES RD

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38118-6936

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2728400.00

Current Approval Amount

2728400.00

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

0.00

Payroll Proceed

2728400.00

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

2760169.04

Forgiveness Date

06/09/2021

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