PPP Loan information for Worthey machine

$7,200

Worthey machine was initially approved for PPP Loan of amount $7,200, the current approved amount is $7,200. The loan was approved on 05/01/2021 by The Regions Bank reported 1 jobs and $7,200 was used to fund payroll.

Worthey machine is Existing or more than 2 years old

WORTHEY MACHINE

Date Approved

05/01/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WORTHEY MACHINE

Borrower Address

3000 US Highway 72

Borrower City

Paint Rock

Borrower State

AL

Borrower Zip

35764-6428

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7200.00

Current Approval Amount

7200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paint Rock

Project County Name

JACKSON

Project State

AL

Project Zip

35764-6428

CD

AL-05

Jobs Reported

1

NAICS Code

332710

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7200.00

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

Sole Proprietorship

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

7237.28

Forgiveness Date

11/16/2021

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