PPP Loan information for M&g precision machining

$142,342

M&g precision machining was initially approved for PPP Loan of amount $142,342, the current approved amount is $142,342. The loan was approved on 04/08/2020 by The The First National Bank of Oneida reported 17 jobs and $142,342 was used to fund payroll.

M&g precision machining is Existing or more than 2 years old

PPP Loan Search / TN / WARTBURG / M&g precision machining

M&G PRECISION MACHINING

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

M&G PRECISION MACHINING

Borrower Address

575 FLAT FORK RD

Borrower City

WARTBURG

Borrower State

TN

Borrower Zip

37887-3234

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142342.00

Current Approval Amount

142342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68749

Servicing Lender Name

The First National Bank of Oneida

Servicing Lender Address

18418 Alberta St

Servicing Lender City

ONEIDA

Servicing Lender State

TN

Servicing Lender Zip

37841-2062

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARTBURG

Project County Name

MORGAN

Project State

TN

Project Zip

37887-3234

CD

TN-03

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7116.15

Payroll Proceed

135225.85

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

68749

Originating Lender

The First National Bank of Oneida

Originating Lender City

ONEIDA

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143132.79

Forgiveness Date

11/03/2020

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