PPP Loan information for J & m machine products inc.

$731,400

J & m machine products inc. was initially approved for PPP Loan of amount $731,400, the current approved amount is $731,400. The loan was approved on 04/12/2020 by The Comerica Bank reported 69 jobs and $731,400 was used to fund payroll.

J & m machine products inc. is Existing or more than 2 years old

PPP Loan Search / MI / NORTON SHORES / J & m machine products inc.

J & M MACHINE PRODUCTS INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

J & M MACHINE PRODUCTS INC.

Borrower Address

1821 MANOR DR

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49441-3414

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

731400.00

Current Approval Amount

731400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

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

49441-3414

CD

MI-02

Jobs Reported

69

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

585196.00

Mortgage Interest Proceed

146204.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

737068.35

Forgiveness Date

01/20/2021

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