PPP Loan information for North industrial machine llc

$942,300

North industrial machine llc was initially approved for PPP Loan of amount $862,500, the current approved amount is $942,300. The loan was approved on 04/05/2020 by The Carolina Bank & Trust Co. reported 55 jobs and $942,300 was used to fund payroll.

North industrial machine llc is Existing or more than 2 years old

NORTH INDUSTRIAL MACHINE LLC

Date Approved

04/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NORTH INDUSTRIAL MACHINE LLC

Borrower Address

133 W CAROLINA AVE

Borrower City

HARTSVILLE

Borrower State

SC

Borrower Zip

29550-4215

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

862500.00

Current Approval Amount

942300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSVILLE

Project County Name

DARLINGTON

Project State

SC

Project Zip

29550-4215

CD

SC-07

Jobs Reported

55

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2711.00

Payroll Proceed

915489.00

Mortgage Interest Proceed

24100.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

948521.76

Forgiveness Date

12/08/2020

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