PPP Loan information for Motorworks machine shop

$16,118

Motorworks machine shop was initially approved for PPP Loan of amount $16,118, the current approved amount is $16,118. The loan was approved on 06/17/2020 by The One Bank of Tennessee reported 2 jobs and $16,118 was used to fund payroll.

Motorworks machine shop is Existing or more than 2 years old

PPP Loan Search / TN / COOKEVILLE / Motorworks machine shop

MOTORWORKS MACHINE SHOP

Date Approved

06/17/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MOTORWORKS MACHINE SHOP

Borrower Address

628 S Willow Ave

Borrower City

COOKEVILLE

Borrower State

TN

Borrower Zip

38501-3802

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16117.50

Current Approval Amount

16117.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68685

Servicing Lender Name

One Bank of Tennessee

Servicing Lender Address

140 S Jefferson

Servicing Lender City

COOKEVILLE

Servicing Lender State

TN

Servicing Lender Zip

38501-3425

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COOKEVILLE

Project County Name

PUTNAM

Project State

TN

Project Zip

38501-3802

CD

TN-06

Jobs Reported

2

NAICS Code

811211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16117.50

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

68685

Originating Lender

One Bank of Tennessee

Originating Lender City

COOKEVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16325.24

Forgiveness Date

10/04/2021

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