PPP Loan information for Machining specialist inc

$50,000

Machining specialist inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/15/2020 by The Frost Bank reported 6 jobs and $50,000 was used to fund payroll.

Machining specialist inc is Existing or more than 2 years old

MACHINING SPECIALIST INC

Date Approved

04/15/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MACHINING SPECIALIST INC

Borrower Address

3554 HARKEY RD

Borrower City

PEARLAND

Borrower State

TX

Borrower Zip

77584-2983

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARLAND

Project County Name

BRAZORIA

Project State

TX

Project Zip

77584-2983

CD

TX-22

Jobs Reported

6

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50535.62

Forgiveness Date

05/20/2021

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