PPP Loan information for The farmer machine group inc.

$56,118

The farmer machine group inc. was initially approved for PPP Loan of amount $56,118, the current approved amount is $56,118. The loan was approved on 02/04/2021 by The United Bank reported 7 jobs and $56,118 was used to fund payroll.

The farmer machine group inc. is Existing or more than 2 years old

THE FARMER MACHINE GROUP INC.

Date Approved

02/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE FARMER MACHINE GROUP INC.

Borrower Address

308 White Jenkins Rd

Borrower City

Bessemer City

Borrower State

NC

Borrower Zip

28016-7753

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56118.00

Current Approval Amount

56118.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer City

Project County Name

GASTON

Project State

NC

Project Zip

28016-7753

CD

NC-10

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56116.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56626.18

Forgiveness Date

01/06/2022

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