PPP Loan information for Sumiton machine inc.

$120,887

Sumiton machine inc. was initially approved for PPP Loan of amount $120,887, the current approved amount is $120,887. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 17 jobs and $120,887 was used to fund payroll.

Sumiton machine inc. is Existing or more than 2 years old

PPP Loan Search / AL / SUMITON / Sumiton machine inc.

SUMITON MACHINE INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SUMITON MACHINE INC.

Borrower Address

298 OLD WARRIOR ROAD

Borrower City

SUMITON

Borrower State

AL

Borrower Zip

35148-0556

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120886.57

Current Approval Amount

120886.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121641

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1811 2nd Ave

Servicing Lender City

JASPER

Servicing Lender State

AL

Servicing Lender Zip

35501-5381

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMITON

Project County Name

WALKER

Project State

AL

Project Zip

35148-0556

CD

AL-04

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11430.50

Payroll Proceed

109056.07

Mortgage Interest Proceed

0.00

Rent Proceed

400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

121641

Originating Lender

Pinnacle Bank

Originating Lender City

JASPER

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

121699.20

Forgiveness Date

12/16/2020

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