PPP Loan information for Marion rader machine shop

$25,627

Marion rader machine shop was initially approved for PPP Loan of amount $25,627, the current approved amount is $25,627. The loan was approved on 04/30/2020 by The Sturgis Bank & Trust Company reported 2 jobs and $25,627 was used to fund payroll.

Marion rader machine shop is Existing or more than 2 years old

PPP Loan Search / MI / THREE RIVERS / Marion rader machine shop

MARION RADER MACHINE SHOP

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARION RADER MACHINE SHOP

Borrower Address

1401 4TH ST

Borrower City

THREE RIVERS

Borrower State

MI

Borrower Zip

49093-1852

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25627.00

Current Approval Amount

25627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THREE RIVERS

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49093-1852

CD

MI-05

Jobs Reported

2

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

21261.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2866.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25755.58

Forgiveness Date

11/12/2020

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