PPP Loan information for Albion machine and tool

$76,198

Albion machine and tool was initially approved for PPP Loan of amount $76,198, the current approved amount is $76,198. The loan was approved on 02/11/2021 by The The Huntington National Bank reported 8 jobs and $76,198 was used to fund payroll.

Albion machine and tool is Existing or more than 2 years old

PPP Loan Search / MI / Albion / Albion machine and tool

ALBION MACHINE AND TOOL

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALBION MACHINE AND TOOL

Borrower Address

16000 E. Michigan Ave

Borrower City

Albion

Borrower State

MI

Borrower Zip

49224-9193

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76197.50

Current Approval Amount

76197.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albion

Project County Name

CALHOUN

Project State

MI

Project Zip

49224-9193

CD

MI-05

Jobs Reported

8

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76191.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76602.49

Forgiveness Date

09/01/2021

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