PPP Loan information for Shelby machine & tool, inc.

$198,211

Shelby machine & tool, inc. was initially approved for PPP Loan of amount $198,211, the current approved amount is $198,211. The loan was approved on 04/14/2020 by The Renasant Bank reported 16 jobs and $198,211 was used to fund payroll.

Shelby machine & tool, inc. is Existing or more than 2 years old

SHELBY MACHINE & TOOL, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHELBY MACHINE & TOOL, INC.

Borrower Address

160 Mullins Dr.

Borrower City

HELENA

Borrower State

AL

Borrower Zip

35080

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198210.57

Current Approval Amount

198210.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HELENA

Project County Name

SHELBY

Project State

AL

Project Zip

35080-0001

CD

AL-06

Jobs Reported

16

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198210.57

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

200258.75

Forgiveness Date

05/13/2021

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