PPP Loan information for Cole's machine services, inc.

$262,795

Cole's machine services, inc. was initially approved for PPP Loan of amount $262,795, the current approved amount is $262,795. The loan was approved on 04/06/2020 by The Team One CU reported 21 jobs and $262,795 was used to fund payroll.

Cole's machine services, inc. is Existing or more than 2 years old

COLE'S MACHINE SERVICES, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLE'S MACHINE SERVICES, INC.

Borrower Address

201 W RISING ST

Borrower City

DAVISON

Borrower State

MI

Borrower Zip

48423-1537

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262795.00

Current Approval Amount

262795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99330

Servicing Lender Name

Team One CU

Servicing Lender Address

520 Hayden St

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48607-1121

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVISON

Project County Name

GENESEE

Project State

MI

Project Zip

48423-1537

CD

MI-08

Jobs Reported

21

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

262795.00

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

99330

Originating Lender

Team One CU

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264882.76

Forgiveness Date

01/26/2021

;