Manufacturing Technology, Inc.
$1,875,000 PPP Loan in South Bend, Indiana
Loan Details
- Loan Number
- 5592487004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,875,000
- Current Approval
- $1,650,000
- Forgiveness Amount
- $1,452,835
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Manufacturing Technology, Inc.
- Address
- 1702 W Washington St
- City
- South Bend
- State
- Indiana
- ZIP Code
- 46628-2061
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333992)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 115
- Estimated Revenue
- $30.1M
- Rural/Urban
- Urban
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $1,395,000
- Utilities
- $85,000
- Health Care
- $85,000
- Mortgage Interest
- $5,000
- Debt Interest
- $80,000
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in South Bend, IN
| Business | Approved | |
|---|---|---|
| The Robert Henry Corporation | $5,362,500 | |
| General Sheet Metal Works Incorporated | $4,809,300 | |
| Ziolkowski Construction, Inc. | $4,689,000 | |
| Neuropsychiatric Hospitals LLC | $4,475,300 | |
| Holladay Property Services Midwest, Inc. | $4,333,100 |
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