PPP Loan information for Machine service corporation

$56,424

Machine service corporation was initially approved for PPP Loan of amount $56,424, the current approved amount is $56,424. The loan was approved on 01/16/2021 by The Farmers & Merchants Savings Bank reported 4 jobs and $56,424 was used to fund payroll.

Machine service corporation is Existing or more than 2 years old

PPP Loan Search / MN / Rogers / Machine service corporation

MACHINE SERVICE CORPORATION

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MACHINE SERVICE CORPORATION

Borrower Address

14800 James Rd

Borrower City

Rogers

Borrower State

MN

Borrower Zip

55374-9361

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56424.00

Current Approval Amount

56424.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rogers

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9361

CD

MN-03

Jobs Reported

4

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56422.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56776.65

Forgiveness Date

09/09/2021

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