PPP Loan information for Model precision machine inc

$189,000

Model precision machine inc was initially approved for PPP Loan of amount $189,000, the current approved amount is $189,000. The loan was approved on 04/09/2020 by The Truist Bank reported 18 jobs and $189,000 was used to fund payroll.

Model precision machine inc is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / Model precision machine inc

MODEL PRECISION MACHINE INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MODEL PRECISION MACHINE INC

Borrower Address

1401 S HAVEN ST

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21224-5709

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189000.00

Current Approval Amount

189000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21224-5709

CD

MD-07

Jobs Reported

18

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

189000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190827.00

Forgiveness Date

04/08/2021

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