PPP Loan information for Matheson tool grinding & machining

$64,500

Matheson tool grinding & machining was initially approved for PPP Loan of amount $64,500, the current approved amount is $64,500. The loan was approved on 04/14/2020 by The The First Bank and Trust Company reported 8 jobs and $64,500 was used to fund payroll.

Matheson tool grinding & machining is Existing or more than 2 years old

PPP Loan Search / TN / ELIZABETHTON / Matheson tool grinding & machining

MATHESON TOOL GRINDING & MACHINING

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MATHESON TOOL GRINDING & MACHINING

Borrower Address

152 IODENT WAY Ste. B

Borrower City

ELIZABETHTON

Borrower State

TN

Borrower Zip

37643-6059

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64500.00

Current Approval Amount

64500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTON

Project County Name

CARTER

Project State

TN

Project Zip

37643-6059

CD

TN-01

Jobs Reported

8

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64500.00

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

Sole Proprietorship

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65051.83

Forgiveness Date

02/24/2021

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