PPP Loan information for Magnetic chuck services company inc

$14,900

Magnetic chuck services company inc was initially approved for PPP Loan of amount $14,900, the current approved amount is $14,900. The loan was approved on 04/28/2020 by The First State Bank reported 1 jobs and $14,900 was used to fund payroll.

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

MAGNETIC CHUCK SERVICES COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNETIC CHUCK SERVICES COMPANY INC

Borrower Address

9391 Lindsey Rd

Borrower City

Casco

Borrower State

MI

Borrower Zip

48064-2412

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14900.00

Current Approval Amount

14900.00

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

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14900.00

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

15026.55

Forgiveness Date

03/11/2021

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