PPP Loan information for Modern machining technology inc.

$93,089

Modern machining technology inc. was initially approved for PPP Loan of amount $105,000, the current approved amount is $93,089. The loan was approved on 04/16/2020 by The Community First Bank, Inc. reported 8 jobs and $93,089 was used to fund payroll.

Modern machining technology inc. is New Business or 2 years or less

PPP Loan Search / SC / Anderson / Modern machining technology inc.

MODERN MACHINING TECHNOLOGY INC.

Date Approved

04/16/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MODERN MACHINING TECHNOLOGY INC.

Borrower Address

1221 New Hope Rd

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29625-5411

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

93089.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113041

Servicing Lender Name

Community First Bank, Inc.

Servicing Lender Address

3685 Blue Ridge Blvd

Servicing Lender City

WALHALLA

Servicing Lender State

SC

Servicing Lender Zip

29691-2426

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29625-5411

CD

SC-03

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93089.00

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

113041

Originating Lender

Community First Bank, Inc.

Originating Lender City

WALHALLA

Originating Lender State

SC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93928.08

Forgiveness Date

03/23/2021

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