PPP Loan information for Society of manufacturing engineers

$3,646,812

Society of manufacturing engineers was initially approved for PPP Loan of amount $3,646,812, the current approved amount is $3,646,812. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 208 jobs and $3,646,812 was used to fund payroll.

Society of manufacturing engineers is New Business or 2 years or less

SOCIETY OF MANUFACTURING ENGINEERS

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOCIETY OF MANUFACTURING ENGINEERS

Borrower Address

1000 Town Ctr Ste 1910

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3646812.00

Current Approval Amount

3646812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-0899

CD

MI-12

Jobs Reported

208

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3646812.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3686577.24

Forgiveness Date

06/11/2021

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