International Machine Technology INC

$439,000 PPP Loan in Waycross, Georgia

Loan Details

Loan Number
8040007104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$439,000
Current Approval
$439,000
Forgiveness Amount
$442,829
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
International Machine Technology INC
Address
952 Alice Street
State
Georgia
ZIP Code
31501
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
GA-01

Loan Use Breakdown

Payroll
$329,250
Rent
$109,750

Lender Information

Servicing Lender
The First Bank
Originating Lender
Heritage Bank, a Division of the First Bank

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