Date Approved
01/20/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
SCHWARTZ MACHINE CO.
Borrower Address
4441 E 8 Mile Rd
Borrower City
Warren
Borrower State
MI
Borrower Zip
48091-2707
Loan Status Date
07/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
309325.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
119903
Servicing Lender Name
Bank of Ann Arbor
Servicing Lender Address
125 S Fifth Ave
Servicing Lender City
ANN ARBOR
Servicing Lender State
Servicing Lender Zip
48104-1910
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
15
NAICS Code
333517
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
309322.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
310579.25
Forgiveness Date
06/23/2021