PPP Loan information for Machine solutions

$167,615

Machine solutions was initially approved for PPP Loan of amount $167,615, the current approved amount is $167,615. The loan was approved on 04/15/2020 by The The Park National Bank reported 23 jobs and $167,615 was used to fund payroll.

Machine solutions is Existing or more than 2 years old

MACHINE SOLUTIONS

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MACHINE SOLUTIONS

Borrower Address

108 Venture Blvd

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29306

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167615.00

Current Approval Amount

167615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29306-2300

CD

SC-04

Jobs Reported

23

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10500.00

Payroll Proceed

137653.00

Mortgage Interest Proceed

0.00

Rent Proceed

11250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6625.00

Debt Interest Proceed

1587

Business Type

Sole Proprietorship

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168932.96

Forgiveness Date

02/09/2021

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