PPP Loan information for City machine technologies inc

$750,000

City machine technologies inc was initially approved for PPP Loan of amount $750,000, the current approved amount is $750,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 56 jobs and $750,000 was used to fund payroll.

City machine technologies inc is Existing or more than 2 years old

PPP Loan Search / OH / YOUNGSTOWN / City machine technologies inc

CITY MACHINE TECHNOLOGIES INC

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CITY MACHINE TECHNOLOGIES INC

Borrower Address

773 W RAYEN AVE

Borrower City

YOUNGSTOWN

Borrower State

OH

Borrower Zip

44501-1466

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

YOUNGSTOWN

Project County Name

MAHONING

Project State

OH

Project Zip

44501-1466

CD

OH-06

Jobs Reported

56

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

750000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

755000.00

Forgiveness Date

12/17/2020

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