Modern Machinery of Beaverton Inc.

$404,228 PPP Loan in Beaverton, Michigan

Loan Details

Loan Number
1868348400
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$404,228
Current Approval
$404,228
Forgiveness Amount
$408,602
Forgiveness Date
Mar 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Modern Machinery of Beaverton Inc.
Address
3031 Guernsey Rd
ZIP Code
48612-9121
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.4M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$404,225
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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