PPP Loan information for M&l precision machining, inc.

$2,045,292

M&l precision machining, inc. was initially approved for PPP Loan of amount $2,045,292, the current approved amount is $2,045,292. The loan was approved on 04/11/2020 by The Pinnacle Bank reported 122 jobs and $2,045,292 was used to fund payroll.

M&l precision machining, inc. is Existing or more than 2 years old

PPP Loan Search / CA / MORGAN HILL / M&l precision machining, inc.

M&L PRECISION MACHINING, INC.

Date Approved

04/11/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

M&L PRECISION MACHINING, INC.

Borrower Address

18665 MADRONE PKWY

Borrower City

MORGAN HILL

Borrower State

CA

Borrower Zip

95037-2868

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2045292.00

Current Approval Amount

2045292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442047

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

18181 Butterfield Blvd, Ste 135

Servicing Lender City

MORGAN HILL

Servicing Lender State

CA

Servicing Lender Zip

95037-8108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGAN HILL

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95037-2868

CD

CA-18

Jobs Reported

122

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2045292.00

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

442047

Originating Lender

Pinnacle Bank

Originating Lender City

MORGAN HILL

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2068770.83

Forgiveness Date

06/09/2021

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