PPP Loan information for Future machining & engineering inc

$66,097

Future machining & engineering inc was initially approved for PPP Loan of amount $66,097, the current approved amount is $66,097. The loan was approved on 07/23/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $66,097 was used to fund payroll.

Future machining & engineering inc is Existing or more than 2 years old

FUTURE MACHINING & ENGINEERING INC

Date Approved

07/23/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FUTURE MACHINING & ENGINEERING INC

Borrower Address

35630 GROESBECK HWY

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48035

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66097.00

Current Approval Amount

66097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48035-0899

CD

MI-10

Jobs Reported

4

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

43611.00

Mortgage Interest Proceed

0.00

Rent Proceed

14286.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66557.62

Forgiveness Date

04/06/2021

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