PPP Loan information for Merrifield machinery solutions inc.

$478,128

Merrifield machinery solutions inc. was initially approved for PPP Loan of amount $478,128, the current approved amount is $478,128. The loan was approved on 01/25/2021 by The Oxford Bank reported 22 jobs and $478,128 was used to fund payroll.

Merrifield machinery solutions inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Merrifield machinery solutions inc.

MERRIFIELD MACHINERY SOLUTIONS INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERRIFIELD MACHINERY SOLUTIONS INC.

Borrower Address

5460 Gatewood Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48310-2224

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

478128.00

Current Approval Amount

478128.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48310-2224

CD

MI-10

Jobs Reported

22

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

478128.00

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

482059.27

Forgiveness Date

11/19/2021

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