PPP Loan information for U.p. machine and engineering co.

$302,000

U.p. machine and engineering co. was initially approved for PPP Loan of amount $302,000, the current approved amount is $302,000. The loan was approved on 04/03/2020 by The First National Bank & Trust Co reported 25 jobs and $302,000 was used to fund payroll.

U.p. machine and engineering co. is Existing or more than 2 years old

PPP Loan Search / MI / POWERS / U.p. machine and engineering co.

U.P. MACHINE AND ENGINEERING CO.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

U.P. MACHINE AND ENGINEERING CO.

Borrower Address

15930 Main Street

Borrower City

POWERS

Borrower State

MI

Borrower Zip

49874-9610

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302000.00

Current Approval Amount

302000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWERS

Project County Name

MENOMINEE

Project State

MI

Project Zip

49874-9610

CD

MI-01

Jobs Reported

25

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241650.00

Mortgage Interest Proceed

15000.00

Rent Proceed

25350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

20000

Business Type

Corporation

Originating Lender Location Id

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

302884.10

Forgiveness Date

11/10/2020

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