Tanksley Machine & Tool, Inc.
$350,000 PPP Loan in Decatur, Alabama
Loan Details
- Loan Number
- 8353167009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $350,000
- Current Approval
- $350,000
- Forgiveness Amount
- $351,974
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tanksley Machine & Tool, Inc.
- Address
- 1407 Southfield Drive SE
- City
- Decatur
- State
- Alabama
- ZIP Code
- 35603-1440
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $7.1M
- Rural/Urban
- Rural
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $314,959
- Rent
- $7,000
- Utilities
- $13,400
- Debt Interest
- $14,641
Lender Information
- Servicing Lender
- Peoples Bank of Alabama
- Originating Lender
- Peoples Bank of Alabama
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