PPP Loan information for Martel's machine shop, inc.

$163,900

Martel's machine shop, inc. was initially approved for PPP Loan of amount $163,900, the current approved amount is $163,900. The loan was approved on 04/08/2020 by The SouthWest Bank reported 10 jobs and $163,900 was used to fund payroll.

Martel's machine shop, inc. is Existing or more than 2 years old

PPP Loan Search / TX / ODESSA / Martel's machine shop, inc.

MARTEL'S MACHINE SHOP, INC.

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

MARTEL'S MACHINE SHOP, INC.

Borrower Address

330 S GRANDVIEW AVE

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79761-5622

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163900.00

Current Approval Amount

163900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79761-5622

CD

TX-11

Jobs Reported

10

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

163900.00

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

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

164792.34

Forgiveness Date

11/03/2020

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