PPP Loan information for Source industries machining llc

$23,000

Source industries machining llc was initially approved for PPP Loan of amount $23,000, the current approved amount is $23,000. The loan was approved on 04/08/2020 by The Commercial Bank reported 3 jobs and $23,000 was used to fund payroll.

Source industries machining llc is Existing or more than 2 years old

SOURCE INDUSTRIES MACHINING LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOURCE INDUSTRIES MACHINING LLC

Borrower Address

114 TIMBERWOOD

Borrower City

HASTINGS

Borrower State

MI

Borrower Zip

49058-7760

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23000.00

Current Approval Amount

23000.00

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

HASTINGS

Project County Name

BARRY

Project State

MI

Project Zip

49058-7760

CD

MI-02

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

18800.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1200.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23254.58

Forgiveness Date

05/26/2021

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