PPP Loan information for Michigan laundry machinery service inc.

$100,000

Michigan laundry machinery service inc. was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 03/18/2021 by The Comerica Bank reported 15 jobs and $100,000 was used to fund payroll.

Michigan laundry machinery service inc. is Existing or more than 2 years old

MICHIGAN LAUNDRY MACHINERY SERVICE INC.

Date Approved

03/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN LAUNDRY MACHINERY SERVICE INC.

Borrower Address

38700 Webb Dr

Borrower City

Westland

Borrower State

MI

Borrower Zip

48185-1978

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westland

Project County Name

WAYNE

Project State

MI

Project Zip

48185-1978

CD

MI-12

Jobs Reported

15

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

99997.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100661.11

Forgiveness Date

11/16/2021

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