PPP Loan information for General machines solutions

$100,000

General machines solutions was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 06/17/2020 by The Teachers CU reported 7 jobs and $100,000 was used to fund payroll.

General machines solutions is Existing or more than 2 years old

PPP Loan Search / IN / East Chicago / General machines solutions

GENERAL MACHINES SOLUTIONS

Date Approved

06/17/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GENERAL MACHINES SOLUTIONS

Borrower Address

3550 Canal Street

Borrower City

East Chicago

Borrower State

IN

Borrower Zip

46312

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96759

Servicing Lender Name

Teachers CU

Servicing Lender Address

110 S Main St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1805

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Chicago

Project County Name

LAKE

Project State

IN

Project Zip

46312-0001

CD

IN-01

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

Corporation

Originating Lender Location Id

96759

Originating Lender

Teachers CU

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101304.11

Forgiveness Date

10/08/2021

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