PPP Loan information for Machining resources

$90,979

Machining resources was initially approved for PPP Loan of amount $90,979, the current approved amount is $90,979. The loan was approved on 04/10/2020 by The Volunteer State Bank reported 4 jobs and $90,979 was used to fund payroll.

Machining resources is Existing or more than 2 years old

PPP Loan Search / TN / Portland / Machining resources

MACHINING RESOURCES

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MACHINING RESOURCES

Borrower Address

821 College St

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148-2114

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90979.49

Current Approval Amount

90979.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

SUMNER

Project State

TN

Project Zip

37148-2114

CD

TN-06

Jobs Reported

4

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22744.87

Payroll Proceed

68234.62

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

Limited Liability Company(LLC)

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91606.24

Forgiveness Date

12/15/2020

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