PPP borrower record

MICHAEL'S MACHINE COMPANY, INC. & ABEL HOLDINGS, INC. PPP loan record

Public SBA PPP loan record for MICHAEL'S MACHINE COMPANY, INC. & ABEL HOLDINGS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$174,900
Approved amount
$176,515
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
MICHAEL'S MACHINE COMPANY, INC. & ABEL HOLDINGS, INC.
Loan number
6304517001
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Racine
Borrower state
Wisconsin
Borrower ZIP
53402
Jobs reported
21
Loan status
Paid in Full
Forgiveness date
2021-03-18
Servicing lender
Ergo Bank
Originating lender
Ergo Bank

Reported use of proceeds

Payroll
$143,600
Rent
N/A
Utilities
$9,500
Mortgage interest
$7,100
Health care
$14,700
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
MICHAEL'S MACHINE COMPANY, INC. & ABEL HOLDINGS, INC. PPP Loan Record | PPP Loan Map