PPP Loan information for Michigan production machining, inc.

$2,155,700

Michigan production machining, inc. was initially approved for PPP Loan of amount $2,155,700, the current approved amount is $2,155,700. The loan was approved on 04/07/2020 by The Pathward National Association reported 196 jobs and $2,155,700 was used to fund payroll.

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

MICHIGAN PRODUCTION MACHINING, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

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

09/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2155700.00

Current Approval Amount

2155700.00

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

0.00

Payroll Proceed

2155700.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2185052.96

Forgiveness Date

08/30/2021

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