PPP Loan information for Industrial machine service, inc.

$420,000

Industrial machine service, inc. was initially approved for PPP Loan of amount $420,000, the current approved amount is $420,000. The loan was approved on 04/15/2020 by The Regions Bank reported 45 jobs and $420,000 was used to fund payroll.

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

INDUSTRIAL MACHINE SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INDUSTRIAL MACHINE SERVICE, INC.

Borrower Address

110 Industrial Road,

Borrower City

Alexandria

Borrower State

TN

Borrower Zip

37012-2144

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420000.00

Current Approval Amount

420000.00

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

420000.00

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

Unanswered

Non Profit

Forgiveness Amount

422577.53

Forgiveness Date

12/08/2020

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