PPP Loan information for Ims industrial machine shop

$5,500

Ims industrial machine shop was initially approved for PPP Loan of amount $5,500, the current approved amount is $5,500. The loan was approved on 05/13/2020 by The Regions Bank reported 1 jobs and $5,500 was used to fund payroll.

Ims industrial machine shop is Existing or more than 2 years old

IMS INDUSTRIAL MACHINE SHOP

Date Approved

05/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

IMS INDUSTRIAL MACHINE SHOP

Borrower Address

401 Smyrna RD,

Borrower City

Benton

Borrower State

TN

Borrower Zip

37307

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5500.00

Current Approval Amount

5500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

POLK

Project State

TN

Project Zip

37307-0001

CD

TN-03

Jobs Reported

1

NAICS Code

332510

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5500.00

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

Self-Employed Individuals

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5568.86

Forgiveness Date

08/19/2021

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