PPP Loan information for Machine concepts inc

$1,187,824

Machine concepts inc was initially approved for PPP Loan of amount $1,187,824, the current approved amount is $1,187,824. The loan was approved on 04/06/2020 by The First National Bank in New Bremen reported 88 jobs and $1,187,824 was used to fund payroll.

Machine concepts inc is Existing or more than 2 years old

PPP Loan Search / OH / MINSTER / Machine concepts inc

MACHINE CONCEPTS INC

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MACHINE CONCEPTS INC

Borrower Address

2167 STATE ROUTE 66

Borrower City

MINSTER

Borrower State

OH

Borrower Zip

45865-9401

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1187824.30

Current Approval Amount

1187824.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57929

Servicing Lender Name

First National Bank in New Bremen

Servicing Lender Address

435 S Washington St

Servicing Lender City

NEW BREMEN

Servicing Lender State

OH

Servicing Lender Zip

45869-1254

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINSTER

Project County Name

AUGLAIZE

Project State

OH

Project Zip

45865-9401

CD

OH-04

Jobs Reported

88

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1187824.30

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

Subchapter S Corporation

Originating Lender Location Id

57929

Originating Lender

First National Bank in New Bremen

Originating Lender City

NEW BREMEN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1197034.01

Forgiveness Date

01/20/2021

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