PPP Loan information for Michigan scientific corporation

$1,663,522

Michigan scientific corporation was initially approved for PPP Loan of amount $1,663,522, the current approved amount is $1,663,522. The loan was approved on 04/07/2020 by The Charlevoix State Bank reported 118 jobs and $1,663,522 was used to fund payroll.

Michigan scientific corporation is Existing or more than 2 years old

PPP Loan Search / MI / MILFORD / Michigan scientific corporation

MICHIGAN SCIENTIFIC CORPORATION

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN SCIENTIFIC CORPORATION

Borrower Address

730 BELLEVUE

Borrower City

MILFORD

Borrower State

MI

Borrower Zip

48381-2209

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1663522.00

Current Approval Amount

1663522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119163

Servicing Lender Name

Charlevoix State Bank

Servicing Lender Address

111 State St

Servicing Lender City

CHARLEVOIX

Servicing Lender State

MI

Servicing Lender Zip

49720-1342

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48381-2209

CD

MI-07

Jobs Reported

118

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26318.15

Payroll Proceed

1477643.21

Mortgage Interest Proceed

0.00

Rent Proceed

59692.85

Refinance EIDL Proceed

0.00

Health Care Proceed

99867.79

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119163

Originating Lender

Charlevoix State Bank

Originating Lender City

CHARLEVOIX

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1672856.21

Forgiveness Date

11/03/2020

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