PPP Loan information for M & r machine company

$120,507

M & r machine company was initially approved for PPP Loan of amount $120,507, the current approved amount is $120,507. The loan was approved on 03/16/2021 by The JPMorgan Chase Bank, National Association reported 8 jobs and $120,507 was used to fund payroll.

M & r machine company is Existing or more than 2 years old

M & R MACHINE COMPANY

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

M & R MACHINE COMPANY

Borrower Address

5900 N Telegraph Rd

Borrower City

Dearborn Heights

Borrower State

MI

Borrower Zip

48127-3221

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120507.00

Current Approval Amount

120507.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn Heights

Project County Name

WAYNE

Project State

MI

Project Zip

48127-3221

CD

MI-12

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120507.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121314.00

Forgiveness Date

11/19/2021

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