Bo's Machine Shop

$73,400 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
2971107209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$73,400
Current Approval
$73,400
Forgiveness Amount
$73,993
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bo's Machine Shop
Address
3731 County Road 1141
State
Alabama
ZIP Code
35057-6655
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$73,400

Lender Information

Servicing Lender
Southpoint Bank
Originating Lender
Merchants Bank of Alabama, a Division of Southpoint Bank

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