PPP Loan information for Mpm food equipment group inc.

$374,028

Mpm food equipment group inc. was initially approved for PPP Loan of amount $374,028, the current approved amount is $374,028. The loan was approved on 01/22/2021 by The Signature Bank reported 23 jobs and $374,028 was used to fund payroll.

Mpm food equipment group inc. is Existing or more than 2 years old

MPM FOOD EQUIPMENT GROUP INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MPM FOOD EQUIPMENT GROUP INC.

Borrower Address

236 Egidi Dr Ste A

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-3225

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

374027.50

Current Approval Amount

374027.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442348

Servicing Lender Name

Signature Bank

Servicing Lender Address

9450 W Bryn Mawr Ave, Ste 300

Servicing Lender City

ROSEMONT

Servicing Lender State

IL

Servicing Lender Zip

60018-5248

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-3225

CD

IL-10

Jobs Reported

23

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

374023.50

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

442348

Originating Lender

Signature Bank

Originating Lender City

ROSEMONT

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

379814.54

Forgiveness Date

08/09/2022

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