PPP Loan information for Machine service corporation

$56,700

Machine service corporation was initially approved for PPP Loan of amount $56,700, the current approved amount is $56,700. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 4 jobs and $56,700 was used to fund payroll.

Machine service corporation is Existing or more than 2 years old

PPP Loan Search / MN / CHAMPLIN / Machine service corporation

MACHINE SERVICE CORPORATION

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MACHINE SERVICE CORPORATION

Borrower Address

11512 PRESERVE LN

Borrower City

CHAMPLIN

Borrower State

MN

Borrower Zip

55316-1970

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56700.00

Current Approval Amount

56700.00

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

CHAMPLIN

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-1970

CD

MN-03

Jobs Reported

4

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56700.00

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

52970.82

Forgiveness Date

10/16/2020

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