PPP Loan information for Onsite machining, inc

$97,900

Onsite machining, inc was initially approved for PPP Loan of amount $97,900, the current approved amount is $97,900. The loan was approved on 04/12/2020 by The Commercial Bank reported 5 jobs and $97,900 was used to fund payroll.

Onsite machining, inc is Existing or more than 2 years old

PPP Loan Search / MI / ALMA / Onsite machining, inc

ONSITE MACHINING, INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ONSITE MACHINING, INC

Borrower Address

11354 N ALGER RD

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-9769

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97900.00

Current Approval Amount

97900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-9769

CD

MI-02

Jobs Reported

5

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3378.00

Payroll Proceed

76044.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12146.00

Debt Interest Proceed

332

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98653.70

Forgiveness Date

01/28/2021

;