Modern Machine Co.
$341,900 PPP Loan in Bay City, Michigan
Loan Details
- Loan Number
- 4447567003
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $341,900
- Current Approval
- $341,900
- Forgiveness Amount
- $343,847
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $304,500
- Utilities
- $31,900
- Debt Interest
- $5,500
Lender Information
- Servicing Lender
- 1st State Bank
- Originating Lender
- 1st State Bank
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