PPP Loan information for Mayer tool & engineering inc.

$383,204

Mayer tool & engineering inc. was initially approved for PPP Loan of amount $383,204, the current approved amount is $383,204. The loan was approved on 01/28/2021 by The Sturgis Bank & Trust Company reported 24 jobs and $383,204 was used to fund payroll.

Mayer tool & engineering inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sturgis / Mayer tool & engineering inc.

MAYER TOOL & ENGINEERING INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAYER TOOL & ENGINEERING INC.

Borrower Address

1404 N Centerville Rd

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-9699

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

383204.22

Current Approval Amount

383204.22

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

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-9699

CD

MI-06

Jobs Reported

24

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

383199.22

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

385639.93

Forgiveness Date

09/27/2021

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