Albany Magneto Equipment, Inc.

$400,000 PPP Loan in Jefferson, Oregon

Loan Details

Loan Number
6530977400
Date Approved
May 14, 2020
Loan Status
Paid in Full
Initial Approval
$400,000
Current Approval
$400,000
Forgiveness Amount
$403,364
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Albany Magneto Equipment, Inc.
Address
402 Hazel St
State
Oregon
ZIP Code
97352-9252
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Unanswered
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
OR-05

Loan Use Breakdown

Payroll
$400,000

Lender Information

Servicing Lender
Umpqua Bank
Originating Lender
Umpqua Bank

Other PPP Loans in Jefferson, OR

BusinessApproved
Harts Nursery of Jefferson, Inc.$856,600NewBizBotResearch
Corrquest Automation, Inc.$577,480NewBizBotResearch
Sante Alf Op Co LLC$387,200NewBizBotResearch
Recovery Road, Inc.$217,200NewBizBotResearch
Wood R and D, Ltd$203,740NewBizBotResearch

Want to research this company further?

Try NewBizBot free