PPP Loan information for A & c machine & tool co.

$63,269

A & c machine & tool co. was initially approved for PPP Loan of amount $63,269, the current approved amount is $63,269. The loan was approved on 03/26/2021 by The Independent Bank reported 5 jobs and $63,269 was used to fund payroll.

A & c machine & tool co. is Existing or more than 2 years old

PPP Loan Search / MI / Norton Shores / A & c machine & tool co.

A & C MACHINE & TOOL CO.

Date Approved

03/26/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

A & C MACHINE & TOOL CO.

Borrower Address

2778 McCracken St

Borrower City

Norton Shores

Borrower State

MI

Borrower Zip

49441-3468

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63269.00

Current Approval Amount

63269.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norton Shores

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-3468

CD

MI-02

Jobs Reported

5

NAICS Code

814110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

63268.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63438.87

Forgiveness Date

07/08/2021

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