PPP Loan information for Machine technology inc

$461,765

Machine technology inc was initially approved for PPP Loan of amount $461,765, the current approved amount is $461,765. The loan was approved on 02/06/2021 by The Enterprise Bank & Trust reported 30 jobs and $461,765 was used to fund payroll.

Machine technology inc is Existing or more than 2 years old

MACHINE TECHNOLOGY INC

Date Approved

02/06/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

MACHINE TECHNOLOGY INC

Borrower Address

1721 Larkin Williams Rd

Borrower City

Fenton

Borrower State

MO

Borrower Zip

63026-2024

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

461765.00

Current Approval Amount

461765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fenton

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-2024

CD

MO-02

Jobs Reported

30

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

461760.00

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

Sole Proprietorship

Originating Lender Location Id

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

465882.40

Forgiveness Date

01/03/2022

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