PPP Loan information for Magnetic chuck services company

$13,900

Magnetic chuck services company was initially approved for PPP Loan of amount $13,900, the current approved amount is $13,900. The loan was approved on 02/12/2021 by The First State Bank reported 1 jobs and $13,900 was used to fund payroll.

Magnetic chuck services company is Existing or more than 2 years old

MAGNETIC CHUCK SERVICES COMPANY

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGNETIC CHUCK SERVICES COMPANY

Borrower Address

9391 Lindsey Rd

Borrower City

Casco

Borrower State

MI

Borrower Zip

48064-2412

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13900.00

Current Approval Amount

13900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Casco

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48064-2412

CD

MI-09

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13900.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14062.61

Forgiveness Date

04/20/2022

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