PPP Loan information for Cole's machine services inc.

$303,477

Cole's machine services inc. was initially approved for PPP Loan of amount $303,477, the current approved amount is $303,477. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 20 jobs and $303,477 was used to fund payroll.

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

PPP Loan Search / MI / Davison / Cole's machine services inc.

COLE'S MACHINE SERVICES INC.

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

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

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303477.00

Current Approval Amount

303477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

20

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

303474.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306578.29

Forgiveness Date

02/28/2022

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