PPP Loan information for Sweed machinery, inc.

$885,323

Sweed machinery, inc. was initially approved for PPP Loan of amount $885,323, the current approved amount is $885,323. The loan was approved on 04/15/2020 by The Banner Bank reported 57 jobs and $885,323 was used to fund payroll.

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

PPP Loan Search / OR / GOLD HILL / Sweed machinery, inc.

SWEED MACHINERY, INC.

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SWEED MACHINERY, INC.

Borrower Address

653 2nd Ave.

Borrower City

GOLD HILL

Borrower State

OR

Borrower Zip

97525

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

885323.00

Current Approval Amount

885323.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOLD HILL

Project County Name

JACKSON

Project State

OR

Project Zip

97525-0001

CD

OR-02

Jobs Reported

57

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26559.69

Payroll Proceed

858763.31

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

Joint Venture

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

894370.27

Forgiveness Date

04/29/2021

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