PPP Loan information for Metal forming technology inc

$337,500

Metal forming technology inc was initially approved for PPP Loan of amount $337,495, the current approved amount is $337,500. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 24 jobs and $337,500 was used to fund payroll.

Metal forming technology inc is New Business or 2 years or less

PPP Loan Search / MI / Chesterfield / Metal forming technology inc

METAL FORMING TECHNOLOGY INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METAL FORMING TECHNOLOGY INC

Borrower Address

48630 Structural dr

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48051

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337495.00

Current Approval Amount

337500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48051-0001

CD

MI-09

Jobs Reported

24

NAICS Code

332919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

337500.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

340528.12

Forgiveness Date

03/31/2021

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