PPP Loan information for Machnik bros. inc.

$188,699

Machnik bros. inc. was initially approved for PPP Loan of amount $188,699, the current approved amount is $188,699. The loan was approved on 04/27/2020 by The Liberty Bank reported 9 jobs and $188,699 was used to fund payroll.

Machnik bros. inc. is Existing or more than 2 years old

MACHNIK BROS. INC.

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MACHNIK BROS. INC.

Borrower Address

125 MILE CREEK ROAD

Borrower City

OLD LYME

Borrower State

CT

Borrower Zip

06371

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188698.50

Current Approval Amount

188698.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD LYME

Project County Name

NEW LONDON

Project State

CT

Project Zip

06371-0001

CD

CT-02

Jobs Reported

9

NAICS Code

238910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188698.50

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190485.89

Forgiveness Date

04/14/2021

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