PPP Loan information for Metal mechanics inc

$297,976

Metal mechanics inc was initially approved for PPP Loan of amount $297,976, the current approved amount is $297,976. The loan was approved on 02/05/2021 by The Kalamazoo County State Bank reported 15 jobs and $297,976 was used to fund payroll.

Metal mechanics inc is Existing or more than 2 years old

METAL MECHANICS INC

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

METAL MECHANICS INC

Borrower Address

350 S 14th st

Borrower City

Schoolcraft

Borrower State

MI

Borrower Zip

49087

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297975.70

Current Approval Amount

297975.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36464

Servicing Lender Name

Kalamazoo County State Bank

Servicing Lender Address

223 N Grand St

Servicing Lender City

SCHOOLCRAFT

Servicing Lender State

MI

Servicing Lender Zip

49087

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schoolcraft

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49087

CD

MI-06

Jobs Reported

15

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

297973.70

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

36464

Originating Lender

Kalamazoo County State Bank

Originating Lender City

SCHOOLCRAFT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301739.17

Forgiveness Date

05/18/2022

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