PPP Loan information for Intelligent machine solutions inc.

$285,774

Intelligent machine solutions inc. was initially approved for PPP Loan of amount $285,774, the current approved amount is $285,774. The loan was approved on 01/27/2021 by The West Shore Bank reported 22 jobs and $285,774 was used to fund payroll.

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

INTELLIGENT MACHINE SOLUTIONS INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INTELLIGENT MACHINE SOLUTIONS INC.

Borrower Address

1269 E Mount Garfield Rd Ste D

Borrower City

Norton Shores

Borrower State

MI

Borrower Zip

49441-5694

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285773.65

Current Approval Amount

285773.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36467

Servicing Lender Name

West Shore Bank

Servicing Lender Address

201 W Loomis St

Servicing Lender City

LUDINGTON

Servicing Lender State

MI

Servicing Lender Zip

49431-2012

Rural Urban Indicator

U

Hubzone Indicator

Y

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

22

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

285769.65

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

36467

Originating Lender

West Shore Bank

Originating Lender City

LUDINGTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286908.81

Forgiveness Date

06/25/2021

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