PPP Loan information for City machine corporation

$228,200

City machine corporation was initially approved for PPP Loan of amount $228,200, the current approved amount is $228,200. The loan was approved on 04/15/2020 by The PeoplesBank reported 15 jobs and $228,200 was used to fund payroll.

City machine corporation is Existing or more than 2 years old

CITY MACHINE CORPORATION

Date Approved

04/15/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

CITY MACHINE CORPORATION

Borrower Address

155 NORTH CANAL ST

Borrower City

HOLYOKE

Borrower State

MA

Borrower Zip

01040-6246

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228200.00

Current Approval Amount

228200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLYOKE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-6246

CD

MA-01

Jobs Reported

15

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

228200.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229825.53

Forgiveness Date

01/11/2021

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