PPP Loan information for M.s. machining systems, incorpated

$129,200

M.s. machining systems, incorpated was initially approved for PPP Loan of amount $164,400, the current approved amount is $129,200. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 10 jobs and $129,200 was used to fund payroll.

M.s. machining systems, incorpated is Existing or more than 2 years old

M.S. MACHINING SYSTEMS, INCORPATED

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M.S. MACHINING SYSTEMS, INCORPATED

Borrower Address

5833 Fisher Rd

Borrower City

Howell

Borrower State

MI

Borrower Zip

48855-8228

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164400.00

Current Approval Amount

129200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48855-8228

CD

MI-07

Jobs Reported

10

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129200.00

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

Subchapter S Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130230.01

Forgiveness Date

03/08/2021

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