PPP Loan information for C.b.s boring and machine company inc.

$1,851,300

C.b.s boring and machine company inc. was initially approved for PPP Loan of amount $1,851,300, the current approved amount is $1,851,300. The loan was approved on 01/27/2021 by The Comerica Bank reported 128 jobs and $1,851,300 was used to fund payroll.

C.b.s boring and machine company inc. is Existing or more than 2 years old

C.B.S BORING AND MACHINE COMPANY INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

C.B.S BORING AND MACHINE COMPANY INC.

Borrower Address

33750 Riviera

Borrower City

Fraser

Borrower State

MI

Borrower Zip

48026-4806

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1851300.00

Current Approval Amount

1851300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fraser

Project County Name

MACOMB

Project State

MI

Project Zip

48026-4806

CD

MI-10

Jobs Reported

128

NAICS Code

336310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1851298.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1860916.48

Forgiveness Date

08/04/2021

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