PPP Loan information for Sound heavy machinery, inc.

$205,900

Sound heavy machinery, inc. was initially approved for PPP Loan of amount $205,900, the current approved amount is $205,900. The loan was approved on 04/09/2020 by The First Bank reported 15 jobs and $205,900 was used to fund payroll.

Sound heavy machinery, inc. is Existing or more than 2 years old

SOUND HEAVY MACHINERY, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUND HEAVY MACHINERY, INC.

Borrower Address

1809 Blue Clay Road

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28405-8058

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205900.00

Current Approval Amount

205900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-8058

CD

NC-07

Jobs Reported

15

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205900.00

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

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

208079.11

Forgiveness Date

05/05/2021

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