Nix Screw Machine Products, INC

$253,412 PPP Loan in Rockport, Arkansas

Loan Details

Loan Number
5518587001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$253,412
Current Approval
$223,000
Forgiveness Amount
$224,540
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nix Screw Machine Products, INC
Address
736 Cuffman Mill Rd
ZIP Code
72104-8063
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$178,400
Utilities
$2,500
Health Care
$11,150
Mortgage Interest
$30,950

Lender Information

Servicing Lender
The Malvern National Bank
Originating Lender
The Malvern National Bank

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