PPP Loan information for Master precision products inc.

$468,000

Master precision products inc. was initially approved for PPP Loan of amount $468,000, the current approved amount is $468,000. The loan was approved on 01/23/2021 by The Macatawa Bank reported 31 jobs and $468,000 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

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MASTER PRECISION PRODUCTS INC.

Borrower Address

122 FAIRPLAINS ST

Borrower City

GREENVILLE

Borrower State

MI

Borrower Zip

48838

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

468000.00

Current Approval Amount

468000.00

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

CD

MI-03

Jobs Reported

31

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

468000.00

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

470718.25

Forgiveness Date

09/07/2021

;