PPP Loan information for Creative machine company

$112,500

Creative machine company was initially approved for PPP Loan of amount $81,000, the current approved amount is $112,500. The loan was approved on 05/05/2020 by The Comerica Bank reported 10 jobs and $112,500 was used to fund payroll.

Creative machine company is Existing or more than 2 years old

CREATIVE MACHINE COMPANY

Date Approved

05/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CREATIVE MACHINE COMPANY

Borrower Address

50140 Pontiac Trail

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-2019

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81000.00

Current Approval Amount

112500.00

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

Wixom

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-0001

CD

MI-11

Jobs Reported

10

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

113518.75

Forgiveness Date

04/08/2021

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