PPP Loan information for Austin machine and tool

$100,000

Austin machine and tool was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/04/2020 by The Century Bank and Trust reported 6 jobs and $100,000 was used to fund payroll.

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

AUSTIN MACHINE AND TOOL

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AUSTIN MACHINE AND TOOL

Borrower Address

237 N ANGOLA RD

Borrower City

COLDWATER

Borrower State

MI

Borrower Zip

49036-8576

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33709

Servicing Lender Name

Century Bank and Trust

Servicing Lender Address

100 W Chicago St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1899

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLDWATER

Project County Name

BRANCH

Project State

MI

Project Zip

49036-8576

CD

MI-07

Jobs Reported

6

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

Corporation

Originating Lender Location Id

33709

Originating Lender

Century Bank and Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100753.42

Forgiveness Date

01/07/2021

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