PPP Loan information for Machine works of decatur, inc.

$77,300

Machine works of decatur, inc. was initially approved for PPP Loan of amount $77,300, the current approved amount is $77,300. The loan was approved on 04/06/2020 by The First National Bank of Pana reported 9 jobs and $77,300 was used to fund payroll.

Machine works of decatur, inc. is Existing or more than 2 years old

MACHINE WORKS OF DECATUR, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MACHINE WORKS OF DECATUR, INC.

Borrower Address

2035 E GARFIELD AVE

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-5094

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77300.00

Current Approval Amount

77300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22270

Servicing Lender Name

First National Bank of Pana

Servicing Lender Address

306 S Locust

Servicing Lender City

PANA

Servicing Lender State

IL

Servicing Lender Zip

62557-1608

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-5094

CD

IL-13

Jobs Reported

9

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77300.00

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

Corporation

Originating Lender Location Id

22270

Originating Lender

First National Bank of Pana

Originating Lender City

PANA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77772.27

Forgiveness Date

11/27/2020

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