PPP Loan information for Modern metal processing

$62,500

Modern metal processing was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 05/01/2020 by The Cross River Bank reported 7 jobs and $62,500 was used to fund payroll.

Modern metal processing is Existing or more than 2 years old

MODERN METAL PROCESSING

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MODERN METAL PROCESSING

Borrower Address

3448 Corwin Road

Borrower City

Williamston

Borrower State

MI

Borrower Zip

48895

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamston

Project County Name

INGHAM

Project State

MI

Project Zip

48895-0001

CD

MI-07

Jobs Reported

7

NAICS Code

332811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62921.23

Forgiveness Date

01/07/2021

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