PPP Loan information for Machine tool research

$774,905

Machine tool research was initially approved for PPP Loan of amount $774,905, the current approved amount is $774,905. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 47 jobs and $774,905 was used to fund payroll.

Machine tool research is Existing or more than 2 years old

PPP Loan Search / NY / ROCHESTER / Machine tool research

MACHINE TOOL RESEARCH

Date Approved

04/14/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

MACHINE TOOL RESEARCH

Borrower Address

405 BLOSSOM ROAD

Borrower City

ROCHESTER

Borrower State

NY

Borrower Zip

14610

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

774905.00

Current Approval Amount

774905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

MONROE

Project State

NY

Project Zip

14610-0001

CD

NY-25

Jobs Reported

47

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

693405.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26500.00

Debt Interest Proceed

25000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

782208.21

Forgiveness Date

04/05/2021

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