PPP Loan information for Modern business machines inc. dba mbm technology solutions

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MODERN BUSINESS MACHINES INC. DBA MBM TECHNOLOGY SOLUTIONS

Borrower Address

375 ROBBINS DRIVE

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

479552.00

Current Approval Amount

479552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

32

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

22320.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

9232

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

484760.73

Forgiveness Date

05/21/2021