PPP Loan information for Custom machine motioneering inc

$269,200

Custom machine motioneering inc was initially approved for PPP Loan of amount $269,200, the current approved amount is $269,200. The loan was approved on 02/03/2021 by The 1st Source Bank reported 24 jobs and $269,200 was used to fund payroll.

Custom machine motioneering inc is Existing or more than 2 years old

CUSTOM MACHINE MOTIONEERING INC

Date Approved

02/03/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CUSTOM MACHINE MOTIONEERING INC

Borrower Address

4111 Technology Dr

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46628-9751

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269200.00

Current Approval Amount

269200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-9751

CD

IN-02

Jobs Reported

24

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271697.58

Forgiveness Date

01/06/2022

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