PPP Loan information for E & m machine, inc.

$73,300

E & m machine, inc. was initially approved for PPP Loan of amount $73,300, the current approved amount is $73,300. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 8 jobs and $73,300 was used to fund payroll.

E & m machine, inc. is Existing or more than 2 years old

E & M MACHINE, INC.

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

E & M MACHINE, INC.

Borrower Address

335 Industrial Ave

Borrower City

GRANTSBURG

Borrower State

WI

Borrower Zip

54840

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73300.00

Current Approval Amount

73300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRANTSBURG

Project County Name

BURNETT

Project State

WI

Project Zip

54840-0001

CD

WI-07

Jobs Reported

8

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7330.00

Payroll Proceed

54975.00

Mortgage Interest Proceed

10995.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73856.28

Forgiveness Date

01/26/2021

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