PPP Loan information for Machin engineering inc

$50,000

Machin engineering inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 7 jobs and $50,000 was used to fund payroll.

Machin engineering inc is Existing or more than 2 years old

MACHIN ENGINEERING INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MACHIN ENGINEERING INC

Borrower Address

5 WOODED VALLEY DR

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49696-8740

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49696-8740

CD

MI-01

Jobs Reported

7

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50413.70

Forgiveness Date

02/19/2021

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