PPP Loan information for Milan cast metal corporation

$266,665

Milan cast metal corporation was initially approved for PPP Loan of amount $266,665, the current approved amount is $266,665. The loan was approved on 04/07/2021 by The First Merchants Bank reported 25 jobs and $266,665 was used to fund payroll.

Milan cast metal corporation is Existing or more than 2 years old

MILAN CAST METAL CORPORATION

Date Approved

04/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MILAN CAST METAL CORPORATION

Borrower Address

13905 N Sanford Rd

Borrower City

Milan

Borrower State

MI

Borrower Zip

48160-9603

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

266665.00

Current Approval Amount

266665.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milan

Project County Name

WASHTENAW

Project State

MI

Project Zip

48160-9603

CD

MI-06

Jobs Reported

25

NAICS Code

331524

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

266664.00

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

268089.65

Forgiveness Date

10/26/2021

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