Fort Walton Machining INC

$1,586,700 PPP Loan in Fort Walton Beach, Florida

Loan Details

Loan Number
5889127002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,586,700
Current Approval
$1,586,700
Forgiveness Amount
$1,595,850
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fort Walton Machining INC
Address
43 Jet Dr, NW
State
Florida
ZIP Code
32548-4807
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
159
Estimated Revenue
$41.6M
Rural/Urban
Urban
Congressional District
FL-01

Loan Use Breakdown

Payroll
$1,298,341
Rent
$48,000
Utilities
$60,000
Mortgage Interest
$180,359

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

Other PPP Loans in Fort Walton Beach, FL

BusinessApproved
White-Wilson Medical Center$4,906,800NewBizBotResearch
Step One Automotive Group LLC$4,146,300NewBizBotResearch
Zt Motors of Fort Walton Four, LLC$2,527,500NewBizBotResearch
Dynamic Pain and Wellness$1,863,300NewBizBotResearch
Lee Auto Holdings INC$1,631,500NewBizBotResearch

Want to research this company further?

Try NewBizBot free