PPP Loan information for International machine tool & services

$194,999

International machine tool & services was initially approved for PPP Loan of amount $194,999, the current approved amount is $194,999. The loan was approved on 03/13/2021 by The Independent Bank reported 16 jobs and $194,999 was used to fund payroll.

International machine tool & services is Existing or more than 2 years old

PPP Loan Search / MI / Canton / International machine tool & services

INTERNATIONAL MACHINE TOOL & SERVICES

Date Approved

03/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INTERNATIONAL MACHINE TOOL & SERVICES

Borrower Address

8460 Ronda Dr

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-2002

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194999.00

Current Approval Amount

194999.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2002

CD

MI-06

Jobs Reported

16

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

194997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196959.67

Forgiveness Date

03/22/2022

;