PPP Loan information for Momentum industries inc

$145,300

Momentum industries inc was initially approved for PPP Loan of amount $145,300, the current approved amount is $145,300. The loan was approved on 04/07/2020 by The Commercial Bank reported 12 jobs and $145,300 was used to fund payroll.

Momentum industries inc is Existing or more than 2 years old

PPP Loan Search / MI / SAINT LOUIS / Momentum industries inc

MOMENTUM INDUSTRIES INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOMENTUM INDUSTRIES INC

Borrower Address

100 WOODSIDE DR

Borrower City

SAINT LOUIS

Borrower State

MI

Borrower Zip

48880-1144

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145300.00

Current Approval Amount

145300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

GRATIOT

Project State

MI

Project Zip

48880-1144

CD

MI-04

Jobs Reported

12

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36300.00

Payroll Proceed

93000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

146601.73

Forgiveness Date

03/09/2021

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