PPP Loan information for Component machine service inc

$62,468

Component machine service inc was initially approved for PPP Loan of amount $62,468, the current approved amount is $62,468. The loan was approved on 04/08/2021 by The Security State Bank of Hibbing reported 5 jobs and $62,468 was used to fund payroll.

Component machine service inc is Existing or more than 2 years old

PPP Loan Search / MN / Hibbing / Component machine service inc

COMPONENT MACHINE SERVICE INC

Date Approved

04/08/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

COMPONENT MACHINE SERVICE INC

Borrower Address

3603 E Beltline

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-2339

Loan Status Date

05/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62467.50

Current Approval Amount

62467.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-2339

CD

MN-08

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62461.50

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

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62729.35

Forgiveness Date

09/10/2021

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