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Machine Concepts INC

$1,187,824 PPP Loan in Minster, Ohio

Loan Details

Loan Number
5765177004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,187,824
Current Approval
$1,187,824
Forgiveness Amount
$1,197,034
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machine Concepts INC
Address
2167 State Route 66
City
Minster
State
Ohio
ZIP Code
45865-9401
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$21.5M
Rural/Urban
Rural
Congressional District
OH-04

Loan Use Breakdown

Payroll
$1,187,824

Lender Information

Servicing Lender
First National Bank in New Bremen
Originating Lender
First National Bank in New Bremen

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