PPP Loan information for Schwartz machine co.

$309,325

Schwartz machine co. was initially approved for PPP Loan of amount $309,325, the current approved amount is $309,325. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 15 jobs and $309,325 was used to fund payroll.

Schwartz machine co. is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Schwartz machine co.

SCHWARTZ MACHINE CO.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHWARTZ MACHINE CO.

Borrower Address

4441 E 8 Mile Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091-2707

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309325.00

Current Approval Amount

309325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

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

48091-2707

CD

MI-10

Jobs Reported

15

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

309322.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

310579.25

Forgiveness Date

06/23/2021

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