PPP Loan information for Microfusion engineering laboratories inc.

$174,880

Microfusion engineering laboratories inc. was initially approved for PPP Loan of amount $174,880, the current approved amount is $174,880. The loan was approved on 01/27/2021 by The Metro City Bank reported 8 jobs and $174,880 was used to fund payroll.

Microfusion engineering laboratories inc. is Existing or more than 2 years old

PPP Loan Search / GA / Alpharetta / Microfusion engineering laboratories inc.

MICROFUSION ENGINEERING LABORATORIES INC.

Date Approved

01/27/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MICROFUSION ENGINEERING LABORATORIES INC.

Borrower Address

510 Oak Bridge Trl

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30022-7682

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174880.00

Current Approval Amount

174880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440691

Servicing Lender Name

Metro City Bank

Servicing Lender Address

5114 Buford Hwy

Servicing Lender City

DORAVILLE

Servicing Lender State

GA

Servicing Lender Zip

30340-1105

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FULTON

Project State

GA

Project Zip

30022-7682

CD

GA-07

Jobs Reported

8

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174878.00

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

440691

Originating Lender

Metro City Bank

Originating Lender City

DORAVILLE

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175565.15

Forgiveness Date

06/28/2021

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