PPP Loan information for J. t. machine inc

$70,000

J. t. machine inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 03/12/2021 by The Hometown Bank reported 6 jobs and $70,000 was used to fund payroll.

J. t. machine inc is Existing or more than 2 years old

PPP Loan Search / MA / Douglas / J. t. machine inc

J. T. MACHINE INC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

J. T. MACHINE INC

Borrower Address

175 Davis St

Borrower City

Douglas

Borrower State

MA

Borrower Zip

01516-2313

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Douglas

Project County Name

WORCESTER

Project State

MA

Project Zip

01516-2313

CD

MA-02

Jobs Reported

6

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69997.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70274.25

Forgiveness Date

08/09/2021

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