PPP Loan information for Minitec automation, inc

$769,583

Minitec automation, inc was initially approved for PPP Loan of amount $769,583, the current approved amount is $769,583. The loan was approved on 04/08/2020 by The Oxford Bank reported 66 jobs and $769,583 was used to fund payroll.

Minitec automation, inc is Existing or more than 2 years old

MINITEC AUTOMATION, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MINITEC AUTOMATION, INC

Borrower Address

10435 ORTONVILLE RD

Borrower City

CLARKSTON

Borrower State

MI

Borrower Zip

48348-1947

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

769583.32

Current Approval Amount

769583.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48348-1947

CD

MI-09

Jobs Reported

66

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

769583.32

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

773880.16

Forgiveness Date

11/05/2020

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