PPP Loan information for Master precision products inc

$461,800

Master precision products inc was initially approved for PPP Loan of amount $461,800, the current approved amount is $461,800. The loan was approved on 04/11/2020 by The Macatawa Bank reported 33 jobs and $461,800 was used to fund payroll.

Master precision products inc is Existing or more than 2 years old

PPP Loan Search / MI / GREENVILLE / Master precision products inc

MASTER PRECISION PRODUCTS INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MASTER PRECISION PRODUCTS INC

Borrower Address

1212 FAIRPLAINS ST

Borrower City

GREENVILLE

Borrower State

MI

Borrower Zip

48838-2809

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461800.00

Current Approval Amount

461800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

MONTCALM

Project State

MI

Project Zip

48838-2809

CD

MI-02

Jobs Reported

33

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

461800.00

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

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

464267.15

Forgiveness Date

11/03/2020

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