Jones Machine & Welding Co. INC

$488,569 PPP Loan in Oakman, Alabama

Loan Details

Loan Number
8902338709
Date Approved
Apr 8, 2021
Loan Status
Paid in Full
Initial Approval
$488,569
Current Approval
$488,569
Forgiveness Amount
$493,278
Forgiveness Date
Mar 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Jones Machine & Welding Co. INC
Address
309 Plant St
City
Oakman
State
Alabama
ZIP Code
35579-2801
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.0M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$488,569

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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