PPP Loan information for Society of manufacturing engineers

$2,000,000

Society of manufacturing engineers was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/31/2021 by The Bank of America, National Association reported 194 jobs and $2,000,000 was used to fund payroll.

Society of manufacturing engineers is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Society of manufacturing engineers

SOCIETY OF MANUFACTURING ENGINEERS

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOCIETY OF MANUFACTURING ENGINEERS

Borrower Address

1000 Town Ctr Ste 1910

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075-1236

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-1236

CD

MI-12

Jobs Reported

194

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2018136.99

Forgiveness Date

12/30/2021

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