PPP Loan information for Ecorse machinery sales & rebuilder inc

$582,700

Ecorse machinery sales & rebuilder inc was initially approved for PPP Loan of amount $582,700, the current approved amount is $582,700. The loan was approved on 04/07/2020 by The Enterprise Bank reported 54 jobs and $582,700 was used to fund payroll.

Ecorse machinery sales & rebuilder inc is Existing or more than 2 years old

PPP Loan Search / MI / WYANDOTTE / Ecorse machinery sales & rebuilder inc

ECORSE MACHINERY SALES & REBUILDER INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ECORSE MACHINERY SALES & REBUILDER INC

Borrower Address

4261 13TH ST

Borrower City

WYANDOTTE

Borrower State

MI

Borrower Zip

48192-7002

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582700.00

Current Approval Amount

582700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122687

Servicing Lender Name

Enterprise Bank

Servicing Lender Address

4091 Mount Royal Blvd

Servicing Lender City

ALLISON PARK

Servicing Lender State

PA

Servicing Lender Zip

15101-2917

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WYANDOTTE

Project County Name

WAYNE

Project State

MI

Project Zip

48192-7002

CD

MI-13

Jobs Reported

54

NAICS Code

332722

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

145675.00

Payroll Proceed

437025.00

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

122687

Originating Lender

Enterprise Bank

Originating Lender City

ALLISON PARK

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

586499.52

Forgiveness Date

12/10/2020

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