PPP Loan information for Boyne machine company

$262,500

Boyne machine company was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 01/26/2021 by The The Huntington National Bank reported 35 jobs and $262,500 was used to fund payroll.

Boyne machine company is Existing or more than 2 years old

BOYNE MACHINE COMPANY

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BOYNE MACHINE COMPANY

Borrower Address

2169 Pine Ridge Dr SW Ste A

Borrower City

Jenison

Borrower State

MI

Borrower Zip

49428-8202

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jenison

Project County Name

OTTAWA

Project State

MI

Project Zip

49428-8202

CD

MI-02

Jobs Reported

35

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262498.00

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

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

264434.59

Forgiveness Date

10/27/2021

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