PPP Loan information for Majestic tool and machine inc

$206,500

Majestic tool and machine inc was initially approved for PPP Loan of amount $206,500, the current approved amount is $206,500. The loan was approved on 01/28/2021 by The PNC Bank, National Association reported 16 jobs and $206,500 was used to fund payroll.

Majestic tool and machine inc is Existing or more than 2 years old

PPP Loan Search / OH / Solon / Majestic tool and machine inc

MAJESTIC TOOL AND MACHINE INC

Date Approved

01/28/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MAJESTIC TOOL AND MACHINE INC

Borrower Address

30700 Carter St

Borrower City

Solon

Borrower State

OH

Borrower Zip

44139-3568

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206500.00

Current Approval Amount

206500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Solon

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44139-3568

CD

OH-07

Jobs Reported

16

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

206498.00

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

208020.07

Forgiveness Date

10/22/2021

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