PPP Loan information for Mitchell equipment corporation

$188,770

Mitchell equipment corporation was initially approved for PPP Loan of amount $188,770, the current approved amount is $188,770. The loan was approved on 02/19/2021 by The KeyBank National Association reported 20 jobs and $188,770 was used to fund payroll.

Mitchell equipment corporation is Existing or more than 2 years old

MITCHELL EQUIPMENT CORPORATION

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MITCHELL EQUIPMENT CORPORATION

Borrower Address

5275 N Ann Arbor Rd

Borrower City

Dundee

Borrower State

MI

Borrower Zip

48131-9201

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188770.00

Current Approval Amount

188770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dundee

Project County Name

MONROE

Project State

MI

Project Zip

48131-9201

CD

MI-05

Jobs Reported

20

NAICS Code

423860

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

188764.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190202.58

Forgiveness Date

12/01/2021

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