PPP Loan information for Machine tek systems inc

$260,967

Machine tek systems inc was initially approved for PPP Loan of amount $260,967, the current approved amount is $260,967. The loan was approved on 05/18/2021 by The PNC Bank, National Association reported 25 jobs and $260,967 was used to fund payroll.

Machine tek systems inc is Existing or more than 2 years old

PPP Loan Search / OH / Garrettsville / Machine tek systems inc

MACHINE TEK SYSTEMS INC

Date Approved

05/18/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MACHINE TEK SYSTEMS INC

Borrower Address

10400 Industrial Dr 10400 Industrial Dr

Borrower City

Garrettsville

Borrower State

OH

Borrower Zip

44231-9764

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260967.00

Current Approval Amount

260967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garrettsville

Project County Name

PORTAGE

Project State

OH

Project Zip

44231-9764

CD

OH-14

Jobs Reported

25

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

260965.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

263047.49

Forgiveness Date

03/08/2022

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