PPP Loan information for Machining innovations, inc.

$121,000

Machining innovations, inc. was initially approved for PPP Loan of amount $121,000, the current approved amount is $121,000. The loan was approved on 04/07/2020 by The Kennebec Savings Bank reported 6 jobs and $121,000 was used to fund payroll.

Machining innovations, inc. is Existing or more than 2 years old

PPP Loan Search / ME / Oakland / Machining innovations, inc.

MACHINING INNOVATIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MACHINING INNOVATIONS, INC.

Borrower Address

279 Summer Street

Borrower City

Oakland

Borrower State

ME

Borrower Zip

04963-4518

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121000.00

Current Approval Amount

121000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29386

Servicing Lender Name

Kennebec Savings Bank

Servicing Lender Address

150 State St

Servicing Lender City

AUGUSTA

Servicing Lender State

ME

Servicing Lender Zip

04330-7418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

KENNEBEC

Project State

ME

Project Zip

04963-4518

CD

ME-02

Jobs Reported

6

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121000.00

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

29386

Originating Lender

Kennebec Savings Bank

Originating Lender City

AUGUSTA

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114646.52

Forgiveness Date

11/03/2020

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