PPP Loan information for Michael's machine company inc.

$174,869

Michael's machine company inc. was initially approved for PPP Loan of amount $174,869, the current approved amount is $174,869. The loan was approved on 02/02/2021 by The Ergo Bank reported 16 jobs and $174,869 was used to fund payroll.

Michael's machine company inc. is Existing or more than 2 years old

PPP Loan Search / WI / Racine / Michael's machine company inc.

MICHAEL'S MACHINE COMPANY INC.

Date Approved

02/02/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MICHAEL'S MACHINE COMPANY INC.

Borrower Address

4442 Douglas Ave

Borrower City

Racine

Borrower State

WI

Borrower Zip

53402-2972

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174869.00

Current Approval Amount

174869.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76269

Servicing Lender Name

Ergo Bank

Servicing Lender Address

86 E Water St

Servicing Lender City

MARKESAN

Servicing Lender State

WI

Servicing Lender Zip

53946

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Racine

Project County Name

RACINE

Project State

WI

Project Zip

53402-2972

CD

WI-01

Jobs Reported

16

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

174864.00

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

76269

Originating Lender

Ergo Bank

Originating Lender City

MARKESAN

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175918.21

Forgiveness Date

09/13/2021

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