James Tool Machine & Engineering, INC

$1,256,600 PPP Loan in Morganton, North Carolina

Loan Details

Loan Number
6792477109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,256,600
Current Approval
$1,256,600
Forgiveness Amount
$1,263,581
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
James Tool Machine & Engineering, INC
Address
130 Reep Dr
ZIP Code
28655-8441
Business Type
Corporation
Industry (NAICS)
Manufacturing (333519)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$27.0M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$1,256,600

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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