PPP Loan information for Pro-tech machine inc

$507,525

Pro-tech machine inc was initially approved for PPP Loan of amount $507,525, the current approved amount is $507,525. The loan was approved on 01/21/2021 by The ChoiceOne Bank reported 32 jobs and $507,525 was used to fund payroll.

Pro-tech machine inc is Existing or more than 2 years old

PPP Loan Search / MI / Burton / Pro-tech machine inc

PRO-TECH MACHINE INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRO-TECH MACHINE INC

Borrower Address

3085 Joyce St

Borrower City

Burton

Borrower State

MI

Borrower Zip

48529-1421

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

507525.00

Current Approval Amount

507525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burton

Project County Name

GENESEE

Project State

MI

Project Zip

48529-1421

CD

MI-08

Jobs Reported

32

NAICS Code

334512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

507523.00

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

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513531.87

Forgiveness Date

04/07/2022

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