PPP Loan information for Machining time savers inc

$719,228

Machining time savers inc was initially approved for PPP Loan of amount $719,228, the current approved amount is $719,228. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 46 jobs and $719,228 was used to fund payroll.

Machining time savers inc is Existing or more than 2 years old

MACHINING TIME SAVERS INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MACHINING TIME SAVERS INC

Borrower Address

1338 S. STATE COLLEGE PKWY.

Borrower City

ANAHEIM

Borrower State

CA

Borrower Zip

92806

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

719228.00

Current Approval Amount

719228.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANAHEIM

Project County Name

ORANGE

Project State

CA

Project Zip

92806-0100

CD

CA-39

Jobs Reported

46

NAICS Code

423830

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

719228.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

726242.94

Forgiveness Date

04/28/2021

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