PPP Loan information for Mach motors inc.

$6,631

Mach motors inc. was initially approved for PPP Loan of amount $6,631, the current approved amount is $6,631. The loan was approved on 02/02/2021 by The Sherburne State Bank reported 1 jobs and $6,631 was used to fund payroll.

Mach motors inc. is Existing or more than 2 years old

MACH MOTORS INC.

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MACH MOTORS INC.

Borrower Address

11399 Easy Edge

Borrower City

Milaca

Borrower State

MN

Borrower Zip

56353-4581

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6631.25

Current Approval Amount

6631.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milaca

Project County Name

MILLE LACS

Project State

MN

Project Zip

56353-4581

CD

MN-08

Jobs Reported

1

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

6628.25

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

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6691.67

Forgiveness Date

01/06/2022

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