PPP Loan information for Northern machine tool company

$468,900

Northern machine tool company was initially approved for PPP Loan of amount $468,900, the current approved amount is $468,900. The loan was approved on 04/29/2020 by The Comerica Bank reported 30 jobs and $468,900 was used to fund payroll.

Northern machine tool company is Existing or more than 2 years old

PPP Loan Search / MI / Muskegon / Northern machine tool company

NORTHERN MACHINE TOOL COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN MACHINE TOOL COMPANY

Borrower Address

761 Alberta Ave

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49441-3002

Loan Status Date

04/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468900.00

Current Approval Amount

468900.00

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

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-3002

CD

MI-02

Jobs Reported

30

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375170.00

Mortgage Interest Proceed

93730.00

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

330067.85

Forgiveness Date

08/16/2021

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