PPP Loan information for Jones machine & welding co. inc

$488,569

Jones machine & welding co. inc was initially approved for PPP Loan of amount $488,569, the current approved amount is $488,569. The loan was approved on 04/08/2021 by The ServisFirst Bank reported 41 jobs and $488,569 was used to fund payroll.

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

PPP Loan Search / AL / Oakman / Jones machine & welding co. inc

JONES MACHINE & WELDING CO. INC

Date Approved

04/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

JONES MACHINE & WELDING CO. INC

Borrower Address

309 Plant St

Borrower City

Oakman

Borrower State

AL

Borrower Zip

35579-2801

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

488569.00

Current Approval Amount

488569.00

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

41

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488569.00

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

493278.26

Forgiveness Date

03/28/2022

;