PPP Loan information for Michigan precision tool & eng. inc.

$115,000

Michigan precision tool & eng. inc. was initially approved for PPP Loan of amount $115,000, the current approved amount is $115,000. The loan was approved on 04/30/2021 by The 1st Source Bank reported 18 jobs and $115,000 was used to fund payroll.

Michigan precision tool & eng. inc. is Existing or more than 2 years old

PPP Loan Search / MI / Dowagiac / Michigan precision tool & eng. inc.

MICHIGAN PRECISION TOOL & ENG. INC.

Date Approved

04/30/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN PRECISION TOOL & ENG. INC.

Borrower Address

613 Rudy Rd

Borrower City

Dowagiac

Borrower State

MI

Borrower Zip

49047-9668

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115000.00

Current Approval Amount

115000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dowagiac

Project County Name

CASS

Project State

MI

Project Zip

49047-9668

CD

MI-06

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

114998.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115578.19

Forgiveness Date

11/05/2021

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