PPP Loan information for Industrial machine service inc.

$370,000

Industrial machine service inc. was initially approved for PPP Loan of amount $370,000, the current approved amount is $370,000. The loan was approved on 02/20/2021 by The Regions Bank reported 45 jobs and $370,000 was used to fund payroll.

Industrial machine service inc. is Existing or more than 2 years old

INDUSTRIAL MACHINE SERVICE INC.

Date Approved

02/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

INDUSTRIAL MACHINE SERVICE INC.

Borrower Address

110 Industrial Rd

Borrower City

Alexandria

Borrower State

TN

Borrower Zip

37012-2144

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

370000.00

Current Approval Amount

370000.00

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

Alexandria

Project County Name

DEKALB

Project State

TN

Project Zip

37012-2144

CD

TN-06

Jobs Reported

45

NAICS Code

332999

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

370000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371378.63

Forgiveness Date

07/12/2021

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