Sweed Machinery, Inc.

$885,323 PPP Loan in Gold Hill, Oregon

Loan Details

Loan Number
9238017107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$885,323
Current Approval
$885,323
Forgiveness Amount
$894,370
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sweed Machinery, Inc.
Address
653 2nd Ave.
State
Oregon
ZIP Code
97525
Business Type
Joint Venture
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
OR-02

Loan Use Breakdown

Payroll
$858,763
Utilities
$26,560

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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