PPP Loan information for Michigan petroleum technologies inc

$478,257

Michigan petroleum technologies inc was initially approved for PPP Loan of amount $478,257, the current approved amount is $478,257. The loan was approved on 04/16/2021 by The The Huntington National Bank reported 27 jobs and $478,257 was used to fund payroll.

Michigan petroleum technologies inc is Existing or more than 2 years old

MICHIGAN PETROLEUM TECHNOLOGIES INC

Date Approved

04/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN PETROLEUM TECHNOLOGIES INC

Borrower Address

3030 Moak St

Borrower City

Port Huron

Borrower State

MI

Borrower Zip

48060-6846

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

478257.00

Current Approval Amount

478257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Port Huron

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-6846

CD

MI-09

Jobs Reported

27

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

478257.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480484.50

Forgiveness Date

10/06/2021

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