PPP Loan information for Modern machinery of beaverton inc.

$404,228

Modern machinery of beaverton inc. was initially approved for PPP Loan of amount $404,228, the current approved amount is $404,228. The loan was approved on 02/02/2021 by The The Huntington National Bank reported 36 jobs and $404,228 was used to fund payroll.

Modern machinery of beaverton inc. is Existing or more than 2 years old

PPP Loan Search / MI / Beaverton / Modern machinery of beaverton inc.

MODERN MACHINERY OF BEAVERTON INC.

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MODERN MACHINERY OF BEAVERTON INC.

Borrower Address

3031 Guernsey Rd

Borrower City

Beaverton

Borrower State

MI

Borrower Zip

48612-9121

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

404227.62

Current Approval Amount

404227.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaverton

Project County Name

GLADWIN

Project State

MI

Project Zip

48612-9121

CD

MI-04

Jobs Reported

36

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

404224.62

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408602.14

Forgiveness Date

03/14/2022

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