PPP Loan information for Master automatic machine company, inc.

$3,183,338

Master automatic machine company, inc. was initially approved for PPP Loan of amount $3,683,337, the current approved amount is $3,183,338. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 258 jobs and $3,183,338 was used to fund payroll.

Master automatic machine company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Plymouth / Master automatic machine company, inc.

MASTER AUTOMATIC MACHINE COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MASTER AUTOMATIC MACHINE COMPANY, INC.

Borrower Address

40485 Schoolcraft Rd. 0.0

Borrower City

Plymouth

Borrower State

MI

Borrower Zip

48170-2706

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3683337.00

Current Approval Amount

3183338.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

WAYNE

Project State

MI

Project Zip

48170-2706

CD

MI-06

Jobs Reported

258

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2437080.00

Mortgage Interest Proceed

0.00

Rent Proceed

136258.00

Refinance EIDL Proceed

0.00

Health Care Proceed

610000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3219994.14

Forgiveness Date

06/11/2021

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