PPP Loan information for Mmi engineered solutions inc

$2,000,000

Mmi engineered solutions inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 187 jobs and $2,000,000 was used to fund payroll.

Mmi engineered solutions inc is Existing or more than 2 years old

MMI ENGINEERED SOLUTIONS INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MMI ENGINEERED SOLUTIONS INC

Borrower Address

1715 Woodland Dr

Borrower City

Saline

Borrower State

MI

Borrower Zip

48176-1614

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saline

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-1614

CD

MI-06

Jobs Reported

187

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019178.08

Forgiveness Date

01/12/2022

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