PPP Loan information for Gmt machine tool

$41,942

Gmt machine tool was initially approved for PPP Loan of amount $41,942, the current approved amount is $41,942. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $41,942 was used to fund payroll.

Gmt machine tool is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Gmt machine tool

GMT MACHINE TOOL

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GMT MACHINE TOOL

Borrower Address

35350 STANLEY DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48312

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41942.00

Current Approval Amount

41942.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-0899

CD

MI-10

Jobs Reported

3

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1575.00

Payroll Proceed

27257.00

Mortgage Interest Proceed

0.00

Rent Proceed

5500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7610.00

Debt Interest Proceed

0

Business Type

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

42394.13

Forgiveness Date

06/02/2021

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