PPP Loan information for Michigan laundry machinery service, inc.

$206,600

Michigan laundry machinery service, inc. was initially approved for PPP Loan of amount $206,600, the current approved amount is $206,600. The loan was approved on 04/30/2020 by The Comerica Bank reported 16 jobs and $206,600 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

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN LAUNDRY MACHINERY SERVICE, INC.

Borrower Address

38700 Webb Drive

Borrower City

Westland

Borrower State

MI

Borrower Zip

48185

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206600.00

Current Approval Amount

206600.00

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

48185-0001

CD

MI-12

Jobs Reported

16

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206600.00

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

208872.60

Forgiveness Date

06/15/2021

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