PPP Loan information for Michigan production machining inc

$2,000,000

Michigan production machining inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Pathward National Association reported 196 jobs and $2,000,000 was used to fund payroll.

Michigan production machining inc is Existing or more than 2 years old

PPP Loan Search / MI / Macomb / Michigan production machining inc

MICHIGAN PRODUCTION MACHINING INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN PRODUCTION MACHINING INC

Borrower Address

16700 23 Mile Rd

Borrower City

Macomb

Borrower State

MI

Borrower Zip

48044-1100

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87878

Servicing Lender Name

Pathward National Association

Servicing Lender Address

5501 S Broadband Ln

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57108-2253

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macomb

Project County Name

MACOMB

Project State

MI

Project Zip

48044-1100

CD

MI-09

Jobs Reported

196

NAICS Code

336350

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

87878

Originating Lender

Pathward National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2018794.52

Forgiveness Date

01/06/2022

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