Martin Machine Works INC

$298,362 PPP Loan in Decaturville, Tennessee

Loan Details

Loan Number
6801317001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$298,362
Current Approval
$298,362
Forgiveness Amount
$300,094
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Martin Machine Works INC
Address
34 Volunteer Ln
ZIP Code
38329-8113
Business Type
Cooperative
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
TN-07

Loan Use Breakdown

Payroll
$253,608
Utilities
$35,803
Mortgage Interest
$8,951

Lender Information

Servicing Lender
Decatur County Bank
Originating Lender
Decatur County Bank

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