PPP Loan information for Taylor machine & welding, inc.

$696,400

Taylor machine & welding, inc. was initially approved for PPP Loan of amount $696,400, the current approved amount is $696,400. The loan was approved on 04/28/2020 by The Tower Community Bank reported 74 jobs and $696,400 was used to fund payroll.

Taylor machine & welding, inc. is Existing or more than 2 years old

TAYLOR MACHINE & WELDING, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TAYLOR MACHINE & WELDING, INC.

Borrower Address

224 Adams Street

Borrower City

STEVENSON

Borrower State

AL

Borrower Zip

35772

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

696400.00

Current Approval Amount

696400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68870

Servicing Lender Name

Tower Community Bank

Servicing Lender Address

4564 Main St

Servicing Lender City

JASPER

Servicing Lender State

TN

Servicing Lender Zip

37347-3504

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STEVENSON

Project County Name

JACKSON

Project State

AL

Project Zip

35772-0001

CD

AL-05

Jobs Reported

74

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

696400.00

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

68870

Originating Lender

Tower Community Bank

Originating Lender City

JASPER

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

702841.70

Forgiveness Date

03/31/2021

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