PPP Loan information for Multi machining capabilities inc

$116,000

Multi machining capabilities inc was initially approved for PPP Loan of amount $116,000, the current approved amount is $116,000. The loan was approved on 02/18/2021 by The Comerica Bank reported 12 jobs and $116,000 was used to fund payroll.

Multi machining capabilities inc is Existing or more than 2 years old

PPP Loan Search / MI / Romulus / Multi machining capabilities inc

MULTI MACHINING CAPABILITIES INC

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MULTI MACHINING CAPABILITIES INC

Borrower Address

27482 Northline Rd

Borrower City

Romulus

Borrower State

MI

Borrower Zip

48174-2826

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116000.00

Current Approval Amount

116000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romulus

Project County Name

WAYNE

Project State

MI

Project Zip

48174-2826

CD

MI-13

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

115998.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116779.78

Forgiveness Date

10/20/2021

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