NewBizBot
Try for Free

Sumiton Machine Inc.

$120,887 PPP Loan in Sumiton, Alabama

Loan Details

Loan Number
4776307105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$120,887
Current Approval
$120,887
Forgiveness Amount
$121,699
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sumiton Machine Inc.
Address
298 Old Warrior Road
City
Sumiton
State
Alabama
ZIP Code
35148-0556
Business Type
Cooperative
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$109,056
Rent
$400
Utilities
$11,431

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

Other PPP Loans in Sumiton, AL

BusinessApproved
Triangle Construction INC$756,000NewBizBotAI Deep Dive
East Walker Education and Development$195,928NewBizBotAI Deep Dive
East Walker Education and Development$193,684NewBizBotAI Deep Dive
Aa Fluid Power Services, Inc.$173,000NewBizBotAI Deep Dive
Phillips Slipform, Inc.$153,540NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free