PPP Loan information for Fms machine tool distributors inc

$61,393

Fms machine tool distributors inc was initially approved for PPP Loan of amount $61,393, the current approved amount is $61,393. The loan was approved on 01/23/2021 by The Fifth Third Bank reported 5 jobs and $61,393 was used to fund payroll.

Fms machine tool distributors inc is Existing or more than 2 years old

FMS MACHINE TOOL DISTRIBUTORS INC

Date Approved

01/23/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FMS MACHINE TOOL DISTRIBUTORS INC

Borrower Address

6813 Saint Andrews Ct

Borrower City

Middleburg Heights

Borrower State

OH

Borrower Zip

44130-8117

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61392.50

Current Approval Amount

61392.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middleburg Heights

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44130-8117

CD

OH-07

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61389.50

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62011.54

Forgiveness Date

02/03/2022

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