PPP Loan information for M3 industrial group inc

$83,756

M3 industrial group inc was initially approved for PPP Loan of amount $83,756, the current approved amount is $83,756. The loan was approved on 03/28/2021 by The University Bank reported 40 jobs and $83,756 was used to fund payroll.

M3 industrial group inc is Existing or more than 2 years old

M3 INDUSTRIAL GROUP INC

Date Approved

03/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

M3 INDUSTRIAL GROUP INC

Borrower Address

11931 Dixie

Borrower City

Redford

Borrower State

MI

Borrower Zip

48239-2450

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83756.00

Current Approval Amount

83756.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36179

Servicing Lender Name

University Bank

Servicing Lender Address

2015 Washtenaw Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-3656

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redford

Project County Name

WAYNE

Project State

MI

Project Zip

48239-2450

CD

MI-12

Jobs Reported

40

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83756.00

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

Corporation

Originating Lender Location Id

36179

Originating Lender

University Bank

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84670.34

Forgiveness Date

05/04/2022

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