PPP Loan information for Machfu inc

$268,700

Machfu inc was initially approved for PPP Loan of amount $268,700, the current approved amount is $268,700. The loan was approved on 05/11/2020 by The WesBanco Bank, Inc. reported 21 jobs and $268,700 was used to fund payroll.

Machfu inc is New Business or 2 years or less

MACHFU INC

Date Approved

05/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MACHFU INC

Borrower Address

9200 CORPORATE BLVD SUITE 470

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268700.00

Current Approval Amount

268700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

21

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

268700.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270407.90

Forgiveness Date

12/31/2020

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