PPP Loan information for Mach iii, inc.

$207,800

Mach iii, inc. was initially approved for PPP Loan of amount $207,800, the current approved amount is $207,800. The loan was approved on 04/06/2020 by The SouthPoint Bank reported 25 jobs and $207,800 was used to fund payroll.

Mach iii, inc. is Existing or more than 2 years old

MACH III, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MACH III, INC.

Borrower Address

6640 COUNTY ROAD 1101

Borrower City

VINEMONT

Borrower State

AL

Borrower Zip

35179-5094

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207800.00

Current Approval Amount

207800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINEMONT

Project County Name

CULLMAN

Project State

AL

Project Zip

35179-5094

CD

AL-04

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207800.00

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

Subchapter S Corporation

Originating Lender Location Id

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

209000.62

Forgiveness Date

11/03/2020

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