Date Approved
02/25/2021
SBA Office Code
0679
Processing Method
PPS
Borrower Name
MACHINE TECH INC
Borrower Address
203 S Lacarpe Cir
Borrower City
Houma
Borrower State
LA
Borrower Zip
70360-2756
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
492700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123463
Servicing Lender Name
Synergy Bank
Servicing Lender Address
210 Synergy Center Blvd
Servicing Lender City
HOUMA
Servicing Lender State
Servicing Lender Zip
70360-1768
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TERREBONNE
Project State
Project Zip
CD
LA-06
Jobs Reported
29
NAICS Code
332710
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
492699.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
498804.01
Forgiveness Date
05/19/2022