PPP Loan information for N/c servo technology corporation

$242,500

N/c servo technology corporation was initially approved for PPP Loan of amount $242,500, the current approved amount is $242,500. The loan was approved on 04/29/2020 by The Comerica Bank reported 20 jobs and $242,500 was used to fund payroll.

N/c servo technology corporation is Existing or more than 2 years old

N/C SERVO TECHNOLOGY CORPORATION

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

N/C SERVO TECHNOLOGY CORPORATION

Borrower Address

38422 Webb Dr

Borrower City

Westland

Borrower State

MI

Borrower Zip

48185-1974

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242500.00

Current Approval Amount

242500.00

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

Westland

Project County Name

WAYNE

Project State

MI

Project Zip

48185-1974

CD

MI-12

Jobs Reported

20

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194029.48

Mortgage Interest Proceed

48470.52

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

245423.47

Forgiveness Date

07/14/2021

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