PPP Loan information for Maengineering, inc.

$532,700

Maengineering, inc. was initially approved for PPP Loan of amount $532,709, the current approved amount is $532,700. The loan was approved on 04/10/2020 by The Credit Union One reported 29 jobs and $532,700 was used to fund payroll.

Maengineering, inc. is Existing or more than 2 years old

MAENGINEERING, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAENGINEERING, INC.

Borrower Address

400 S OLD WOODWARD AVE STE 100

Borrower City

BIRMINGHAM

Borrower State

MI

Borrower Zip

48009-6610

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

532708.82

Current Approval Amount

532700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-6610

CD

MI-11

Jobs Reported

29

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2700.00

Payroll Proceed

488708.82

Mortgage Interest Proceed

0.00

Rent Proceed

37991.18

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3300

Business Type

Corporation

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

535414.58

Forgiveness Date

11/03/2020

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