Electric Machine Control INC
$242,100 PPP Loan in Trussville, Alabama
Loan Details
- Loan Number
- 5310447006
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $242,100
- Current Approval
- $242,100
- Forgiveness Amount
- $243,512
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electric Machine Control INC
- Address
- 7015 Haisten Dr
- City
- Trussville
- 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
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- AL-06
Loan Use Breakdown
- Payroll
- $181,575
- Rent
- $12,105
- Utilities
- $12,105
- Health Care
- $12,105
- Mortgage Interest
- $12,105
- Debt Interest
- $12,105
Lender Information
- Servicing Lender
- Oakworth Capital Bank
- Originating Lender
- Oakworth Capital Bank
Other PPP Loans in Trussville, AL
| Business | Approved | |
|---|---|---|
| The Mcpherson Companies INC | $3,583,800 |  Research |
| The Mcpherson Companies INC | $2,000,000 | Research |
| Universal Limited INC | $2,000,000 | Research |
| G R Manufacturing INC | $1,296,500 | Research |
| Spoc Automation Inc. | $1,010,285 | Research |
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