Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MODERN TECHNOLOGY MACHINING
Borrower Address
3735 LAPEER RD Ste C1
Borrower City
PORT HURON
Borrower State
MI
Borrower Zip
48060-7728
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
26300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33734
Servicing Lender Name
Eastern Michigan Bank
Servicing Lender Address
65 N Howard Ave
Servicing Lender City
CROSWELL
Servicing Lender State
Servicing Lender Zip
48422-1222
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT CLAIR
Project State
Project Zip
CD
MI-09
Jobs Reported
3
NAICS Code
333111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2630.00
Payroll Proceed
19725.00
Mortgage Interest Proceed
Rent Proceed
1315.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
26513.28
Forgiveness Date
02/22/2021