PPP borrower record

INDUSTRIAL MACHINE & TOOL COMPANY, INC PPP loan record

Public SBA PPP loan record for INDUSTRIAL MACHINE & TOOL COMPANY, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$319,800
Approved amount
$321,701
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
INDUSTRIAL MACHINE & TOOL COMPANY, INC
Loan number
6067337001
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Somerset
Borrower state
Kentucky
Borrower ZIP
42503
Jobs reported
24
Loan status
Paid in Full
Forgiveness date
2020-11-12
Servicing lender
The Citizens National Bank of Somerset
Originating lender
The Citizens National Bank of Somerset

Reported use of proceeds

Payroll
$239,880
Rent
$4,366
Utilities
$6,064
Mortgage interest
N/A
Health care
$69,490
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
INDUSTRIAL MACHINE & TOOL COMPANY, INC PPP Loan Record | PPP Loan Map