PPP Loan information for Martin fluid power company

$872,700

Martin fluid power company was initially approved for PPP Loan of amount $872,700, the current approved amount is $872,700. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 92 jobs and $872,700 was used to fund payroll.

Martin fluid power company is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Martin fluid power company

MARTIN FLUID POWER COMPANY

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARTIN FLUID POWER COMPANY

Borrower Address

900 E Whitcomb Ave.

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-5612

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

872700.00

Current Approval Amount

872700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-5612

CD

MI-11

Jobs Reported

92

NAICS Code

339991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

872700.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

878421.03

Forgiveness Date

12/08/2020

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