PPP Loan information for Specialty machine and cnc inc.

$77,800

Specialty machine and cnc inc. was initially approved for PPP Loan of amount $77,800, the current approved amount is $77,800. The loan was approved on 04/28/2020 by The First Merchants Bank reported 8 jobs and $77,800 was used to fund payroll.

Specialty machine and cnc inc. is Existing or more than 2 years old

SPECIALTY MACHINE AND CNC INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPECIALTY MACHINE AND CNC INC.

Borrower Address

100 W 1250 S

Borrower City

Battle Ground

Borrower State

IN

Borrower Zip

47920-8023

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77800.00

Current Approval Amount

77800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Battle Ground

Project County Name

WHITE

Project State

IN

Project Zip

47920-8023

CD

IN-04

Jobs Reported

8

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77800.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78543.90

Forgiveness Date

04/15/2021

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