PPP Loan information for Mpt drives inc

$89,100

Mpt drives inc was initially approved for PPP Loan of amount $89,100, the current approved amount is $89,100. The loan was approved on 04/28/2020 by The Comerica Bank reported 12 jobs and $89,100 was used to fund payroll.

Mpt drives inc is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Mpt drives inc

MPT DRIVES INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MPT DRIVES INC

Borrower Address

950 E Manoline Ave

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-1435

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89100.00

Current Approval Amount

89100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1435

CD

MI-11

Jobs Reported

12

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89100.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90270.67

Forgiveness Date

08/25/2021

;