PPP Loan information for International machine tool &services

$195,000

International machine tool &services was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 150 jobs and $195,000 was used to fund payroll.

International machine tool &services is Existing or more than 2 years old

PPP Loan Search / MI / CANTON / International machine tool &services

INTERNATIONAL MACHINE TOOL &SERVICES

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTERNATIONAL MACHINE TOOL &SERVICES

Borrower Address

8460 Ronda Drive

Borrower City

CANTON

Borrower State

MI

Borrower Zip

48187

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

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

CANTON

Project County Name

WAYNE

Project State

MI

Project Zip

48187-0001

CD

MI-06

Jobs Reported

150

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

145000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197261.35

Forgiveness Date

07/02/2021

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