Master Automatic Machine Company, Inc.

$3,683,337 PPP Loan in Plymouth, Michigan

Loan Details

Loan Number
2570147100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,683,337
Current Approval
$3,183,338
Forgiveness Amount
$3,219,994
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Master Automatic Machine Company, Inc.
Address
40485 Schoolcraft Rd. 0.0
ZIP Code
48170-2706
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
258
Estimated Revenue
$63.1M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$2,437,080
Rent
$136,258
Health Care
$610,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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