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Sweed Machinery Inc.

$756,919 PPP Loan in Gold Hill, Oregon

Loan Details

Loan Number
8728098310
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$756,919
Current Approval
$756,919
Forgiveness Amount
$762,414
Forgiveness Date
Oct 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sweed Machinery Inc.
Address
653 2nd Ave
City
Gold Hill
State
Oregon
ZIP Code
97525-5500
Business Type
Joint Venture
Industry (NAICS)
Manufacturing (333243)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
OR-02

Loan Use Breakdown

Payroll
$756,915
Utilities
$1

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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