PPP Loan information for Jones machine and welding co., inc.

$524,750

Jones machine and welding co., inc. was initially approved for PPP Loan of amount $524,750, the current approved amount is $524,750. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 42 jobs and $524,750 was used to fund payroll.

Jones machine and welding co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / OAKMAN / Jones machine and welding co., inc.

JONES MACHINE AND WELDING CO., INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JONES MACHINE AND WELDING CO., INC.

Borrower Address

309 PLANT STREET

Borrower City

OAKMAN

Borrower State

AL

Borrower Zip

35579-2801

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524750.00

Current Approval Amount

524750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKMAN

Project County Name

WALKER

Project State

AL

Project Zip

35579-2801

CD

AL-04

Jobs Reported

42

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524750.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

529210.38

Forgiveness Date

02/11/2021

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