PPP Loan information for Engineered materials technology

$260,000

Engineered materials technology was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 31 jobs and $260,000 was used to fund payroll.

Engineered materials technology is Existing or more than 2 years old

ENGINEERED MATERIALS TECHNOLOGY

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ENGINEERED MATERIALS TECHNOLOGY

Borrower Address

7447 19 MILE RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48314-3219

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3219

CD

MI-10

Jobs Reported

31

NAICS Code

315210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263069.44

Forgiveness Date

06/28/2021

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