PPP Loan information for Machine tool & engineering inc

$88,200

Machine tool & engineering inc was initially approved for PPP Loan of amount $88,200, the current approved amount is $88,200. The loan was approved on 01/21/2021 by The Citizens Bank, National Association reported 6 jobs and $88,200 was used to fund payroll.

Machine tool & engineering inc is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Machine tool & engineering inc

MACHINE TOOL & ENGINEERING INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MACHINE TOOL & ENGINEERING INC

Borrower Address

37977 Birch Run

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-2894

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88200.00

Current Approval Amount

88200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-2894

CD

MI-12

Jobs Reported

6

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88198.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88700.20

Forgiveness Date

08/25/2021

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