PPP Loan information for The machine lab inc.

$88,018

The machine lab inc. was initially approved for PPP Loan of amount $88,018, the current approved amount is $88,018. The loan was approved on 04/27/2020 by The Verus Bank of Commerce reported 7 jobs and $88,018 was used to fund payroll.

The machine lab inc. is Existing or more than 2 years old

PPP Loan Search / CO / Wellington / The machine lab inc.

THE MACHINE LAB INC.

Date Approved

04/27/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

THE MACHINE LAB INC.

Borrower Address

9633 North County Road 3

Borrower City

Wellington

Borrower State

CO

Borrower Zip

80549

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88017.50

Current Approval Amount

88017.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434659

Servicing Lender Name

Verus Bank of Commerce

Servicing Lender Address

3700 S College Ave, Unit 102

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellington

Project County Name

LARIMER

Project State

CO

Project Zip

80549-0001

CD

CO-04

Jobs Reported

7

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88017.50

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

434659

Originating Lender

Verus Bank of Commerce

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88403.80

Forgiveness Date

10/13/2020

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