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 02/04/2021 by The Comerica Bank reported 18 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 / Norton Shores / Northern machine tool company

NORTHERN MACHINE TOOL COMPANY

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NORTHERN MACHINE TOOL COMPANY

Borrower Address

761 Alberta Ave

Borrower City

Norton Shores

Borrower State

MI

Borrower Zip

49441-3002

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

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

Norton Shores

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-3002

CD

MI-02

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

468899.00

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

472651.20

Forgiveness Date

11/26/2021

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