PPP Loan information for Modern machining solutions, inc.

$88,268

Modern machining solutions, inc. was initially approved for PPP Loan of amount $88,268, the current approved amount is $88,268. The loan was approved on 04/10/2020 by The Colony Bank reported 8 jobs and $88,268 was used to fund payroll.

Modern machining solutions, inc. is Existing or more than 2 years old

PPP Loan Search / GA / LAGRANGE / Modern machining solutions, inc.

MODERN MACHINING SOLUTIONS, INC.

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MODERN MACHINING SOLUTIONS, INC.

Borrower Address

1662 Lukken Industrial Drive West

Borrower City

LAGRANGE

Borrower State

GA

Borrower Zip

30240-5704

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88267.50

Current Approval Amount

88267.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19444

Servicing Lender Name

Colony Bank

Servicing Lender Address

115 S Grant St

Servicing Lender City

FITZGERALD

Servicing Lender State

GA

Servicing Lender Zip

31750-2902

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAGRANGE

Project County Name

TROUP

Project State

GA

Project Zip

30240-5704

CD

GA-03

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88267.50

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

19444

Originating Lender

Colony Bank

Originating Lender City

FITZGERALD

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89051.03

Forgiveness Date

03/11/2021

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