PPP Loan information for Component machine service, inc.

$59,961

Component machine service, inc. was initially approved for PPP Loan of amount $59,961, the current approved amount is $59,961. The loan was approved on 04/15/2020 by The First National Bank reported 7 jobs and $59,961 was used to fund payroll.

Component machine service, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Component machine service, inc.

COMPONENT MACHINE SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMPONENT MACHINE SERVICE, INC.

Borrower Address

3603 E Beltline

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-2339

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59961.00

Current Approval Amount

59961.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36729

Servicing Lender Name

First National Bank

Servicing Lender Address

101 W Lake St

Servicing Lender City

CHISHOLM

Servicing Lender State

MN

Servicing Lender Zip

55719-1818

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-2339

CD

MN-08

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59961.00

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

36729

Originating Lender

First National Bank

Originating Lender City

CHISHOLM

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60439.05

Forgiveness Date

02/02/2021

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