PPP Loan information for Modern machine & grinding, inc

$385,100

Modern machine & grinding, inc was initially approved for PPP Loan of amount $385,100, the current approved amount is $385,100. The loan was approved on 04/09/2020 by The Centier Bank reported 25 jobs and $385,100 was used to fund payroll.

Modern machine & grinding, inc is Existing or more than 2 years old

PPP Loan Search / IN / DYER / Modern machine & grinding, inc

MODERN MACHINE & GRINDING, INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODERN MACHINE & GRINDING, INC

Borrower Address

2001 CLARK RD

Borrower City

DYER

Borrower State

IN

Borrower Zip

46311-1704

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385100.00

Current Approval Amount

385100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DYER

Project County Name

LAKE

Project State

IN

Project Zip

46311-1704

CD

IN-01

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385100.00

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

Subchapter S Corporation

Originating Lender Location Id

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

387663.82

Forgiveness Date

12/22/2020

;