Electric Machine Control INC

$345,367 PPP Loan in Trussville, Alabama

Loan Details

Loan Number
1246228307
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$345,367
Current Approval
$345,367
Forgiveness Amount
$347,410
Forgiveness Date
Aug 18, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Electric Machine Control INC
Address
7015 Haisten Dr
State
Alabama
ZIP Code
35173-2510
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335314)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$345,363
Utilities
$1

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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