Modern Business Machines Inc. DBA Mbm Technology Solutions
$479,552 PPP Loan in Troy, Michigan
Loan Details
- Loan Number
- 1774757201
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $479,552
- Current Approval
- $479,552
- Forgiveness Amount
- $484,761
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Business Machines Inc. DBA Mbm Technology Solutions
- Address
- 375 Robbins Drive
- City
- Troy
- State
- Michigan
- ZIP Code
- 48083
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541512)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $6.6M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $400,000
- Rent
- $22,320
- Utilities
- $8,000
- Health Care
- $40,000
- Debt Interest
- $9,232
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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