Modern Machinery of Beaverton, Inc.

$599,420 PPP Loan in Beaverton, Michigan

Loan Details

Loan Number
7261677203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$599,420
Current Approval
$599,420
Forgiveness Amount
$605,792
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Machinery of Beaverton, Inc.
Address
3031 Guernsey Po Box 423
ZIP Code
48612
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$599,420

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

Other PPP Loans in Beaverton, MI

BusinessApproved
Quality Environmental Services$428,055NewBizBotResearch
Quality Environmental Services$428,055NewBizBotResearch
Modern Machinery of Beaverton Inc.$404,228NewBizBotResearch
Schumacher Agency INC$303,530NewBizBotResearch
Howe Racing Enterprises INC$256,790NewBizBotResearch

Want to research this company further?

Try NewBizBot free