PPP Loan information for Metallurgical high vacuum corporation

$228,000

Metallurgical high vacuum corporation was initially approved for PPP Loan of amount $228,000, the current approved amount is $228,000. The loan was approved on 03/20/2021 by The Macatawa Bank reported 17 jobs and $228,000 was used to fund payroll.

Metallurgical high vacuum corporation is Existing or more than 2 years old

METALLURGICAL HIGH VACUUM CORPORATION

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

METALLURGICAL HIGH VACUUM CORPORATION

Borrower Address

6708 124th Ave

Borrower City

Fennville

Borrower State

MI

Borrower Zip

49408-9632

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228000.00

Current Approval Amount

228000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fennville

Project County Name

ALLEGAN

Project State

MI

Project Zip

49408-9632

CD

MI-04

Jobs Reported

17

NAICS Code

333912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

227998.00

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

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229705.32

Forgiveness Date

12/29/2021

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