Industrial Machine & Tool. Inc.

$298,100 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
9474268502
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$298,100
Current Approval
$298,100
Forgiveness Amount
$299,913
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Industrial Machine & Tool. Inc.
Address
141 Sunset Blvd
ZIP Code
42503-3071
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$298,096
Utilities
$1

Lender Information

Servicing Lender
The Citizens National Bank of Somerset
Originating Lender
The Citizens National Bank of Somerset

Other PPP Loans in Somerset, KY

BusinessApproved
South Kentucky Rural Electric Cooperative$3,087,600NewBizBotResearch
Tru-Check, Inc.$2,228,557NewBizBotResearch
Coretrans, LLC$1,926,417NewBizBotResearch
Modern Distributors, Inc.$1,701,672NewBizBotResearch
Lake Cumberland Regional Mental Health-Mental Retardation$1,612,664NewBizBotResearch

Want to research this company further?

Try NewBizBot free