PPP Loan information for Intelligent machine solutions, inc.

$295,600

Intelligent machine solutions, inc. was initially approved for PPP Loan of amount $295,600, the current approved amount is $295,600. The loan was approved on 05/21/2020 by The Macatawa Bank reported 21 jobs and $295,600 was used to fund payroll.

Intelligent machine solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MI / NORTON SHORES / Intelligent machine solutions, inc.

INTELLIGENT MACHINE SOLUTIONS, INC.

Date Approved

05/21/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTELLIGENT MACHINE SOLUTIONS, INC.

Borrower Address

1269 EAST MOUNT GARFIELD RD Suite D

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49441-5694

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295600.00

Current Approval Amount

295600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-5694

CD

MI-02

Jobs Reported

21

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295600.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297130.64

Forgiveness Date

12/04/2020

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