PPP Loan information for S and m machinery sales corporation

$153,372

S and m machinery sales corporation was initially approved for PPP Loan of amount $153,372, the current approved amount is $153,372. The loan was approved on 04/28/2020 by The Independent Bank reported 10 jobs and $153,372 was used to fund payroll.

S and m machinery sales corporation is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / S and m machinery sales corporation

S AND M MACHINERY SALES CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

S AND M MACHINERY SALES CORPORATION

Borrower Address

11430 Kaltz Ave

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-1867

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153372.00

Current Approval Amount

153372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-1867

CD

MI-10

Jobs Reported

10

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153372.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155271.29

Forgiveness Date

07/28/2021

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