PPP Loan information for Michigan tube swagers & fabricators inc.

$2,000,000

Michigan tube swagers & fabricators 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 01/27/2021 by The First Merchants Bank reported 205 jobs and $2,000,000 was used to fund payroll.

Michigan tube swagers & fabricators inc. is Existing or more than 2 years old

PPP Loan Search / MI / Temperance / Michigan tube swagers & fabricators inc.

MICHIGAN TUBE SWAGERS & FABRICATORS INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN TUBE SWAGERS & FABRICATORS INC.

Borrower Address

7100 Industrial Dr

Borrower City

Temperance

Borrower State

MI

Borrower Zip

48182-9105

Loan Status Date

09/25/2021

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

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Temperance

Project County Name

MONROE

Project State

MI

Project Zip

48182-9105

CD

MI-05

Jobs Reported

205

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2011068.49

Forgiveness Date

08/26/2021

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