PPP Loan information for The master machine group, inc.

$179,000

The master machine group, inc. was initially approved for PPP Loan of amount $179,000, the current approved amount is $179,000. The loan was approved on 04/15/2020 by The Blackhawk Bank reported 18 jobs and $179,000 was used to fund payroll.

The master machine group, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / The master machine group, inc.

THE MASTER MACHINE GROUP, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE MASTER MACHINE GROUP, INC.

Borrower Address

1515 COMMERCE DRIVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-9304

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179000.00

Current Approval Amount

179000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-9304

CD

IL-08

Jobs Reported

18

NAICS Code

423840

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

168000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180944.14

Forgiveness Date

05/20/2021

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