PPP Loan information for Engineered materials technology inc

$250,000

Engineered materials technology inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/26/2021 by The PNC Bank, National Association reported 29 jobs and $250,000 was used to fund payroll.

Engineered materials technology inc is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Engineered materials technology inc

ENGINEERED MATERIALS TECHNOLOGY INC

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ENGINEERED MATERIALS TECHNOLOGY INC

Borrower Address

7447 19 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3219

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3219

CD

MI-10

Jobs Reported

29

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249998.00

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

252583.33

Forgiveness Date

02/04/2022

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