B & W Machine & Tool Co. Inc.

$99,190 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
9902177010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$99,190
Current Approval
$99,190
Forgiveness Amount
$100,182
Forgiveness Date
Apr 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B & W Machine & Tool Co. Inc.
Address
2815 Avalon Ave
State
Alabama
ZIP Code
35661-2707
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$74,392
Utilities
$9,919
Mortgage Interest
$14,878

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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