Machinery and Equipment Exchange, Incorporated

$302,795 PPP Loan in Novi, Michigan

Loan Details

Loan Number
2999517205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$302,795
Current Approval
$302,795
Forgiveness Amount
$305,284
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machinery and Equipment Exchange, Incorporated
Address
25180 Seeley Rd
City
Novi
ZIP Code
48375-2044
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$302,795

Lender Information

Servicing Lender
Bank of Ann Arbor
Originating Lender
Bank of Ann Arbor

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