PPP Loan information for Methods and equipment associates inc.

$149,000

Methods and equipment associates inc. was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 02/27/2021 by The Comerica Bank reported 11 jobs and $149,000 was used to fund payroll.

Methods and equipment associates inc. is Existing or more than 2 years old

METHODS AND EQUIPMENT ASSOCIATES INC.

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

METHODS AND EQUIPMENT ASSOCIATES INC.

Borrower Address

31731 Glendale St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1828

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

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

48150-1828

CD

MI-12

Jobs Reported

11

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148997.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149753.28

Forgiveness Date

09/01/2021

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