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 03/20/2021 by The Southern Michigan Bank & Trust reported 51 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

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

METALLOID CORPORATION

Borrower Address

1160 White St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-2148

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

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

51

NAICS Code

324191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

874997.00

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

882551.37

Forgiveness Date

02/03/2022

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