PPP Loan information for Metalloid corporation

$875,000

Metalloid corporation was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 04/09/2020 by The Southern Michigan Bank & Trust reported 56 jobs and $875,000 was used to fund payroll.

Metalloid corporation is Existing or more than 2 years old

PPP Loan Search / MI / STURGIS / Metalloid corporation

METALLOID CORPORATION

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METALLOID CORPORATION

Borrower Address

1160 White St

Borrower City

STURGIS

Borrower State

MI

Borrower Zip

49091-2148

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

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

49091-2148

CD

MI-06

Jobs Reported

56

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

175000.00

Payroll Proceed

700000.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

883654.11

Forgiveness Date

04/14/2021

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