PPP Loan information for Servo kinetics, inc.

$229,500

Servo kinetics, inc. was initially approved for PPP Loan of amount $229,500, the current approved amount is $229,500. The loan was approved on 05/01/2020 by The First Merchants Bank reported 14 jobs and $229,500 was used to fund payroll.

Servo kinetics, inc. is Existing or more than 2 years old

SERVO KINETICS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SERVO KINETICS, INC.

Borrower Address

3716 PLAZA DR

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48108-1654

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229500.00

Current Approval Amount

229500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48108-1654

CD

MI-06

Jobs Reported

14

NAICS Code

333996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229500.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

230644.36

Forgiveness Date

11/03/2020

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