PPP Loan information for Master precision tool corporation

$70,300

Master precision tool corporation was initially approved for PPP Loan of amount $70,300, the current approved amount is $70,300. The loan was approved on 03/05/2021 by The First State Bank reported 6 jobs and $70,300 was used to fund payroll.

Master precision tool corporation is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Master precision tool corporation

MASTER PRECISION TOOL CORPORATION

Date Approved

03/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MASTER PRECISION TOOL CORPORATION

Borrower Address

7362 19 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-3214

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70300.00

Current Approval Amount

70300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3214

CD

MI-10

Jobs Reported

6

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70298.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70829.66

Forgiveness Date

12/09/2021

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