PPP Loan information for Axel products inc

$185,183

Axel products inc was initially approved for PPP Loan of amount $185,183, the current approved amount is $185,183. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 11 jobs and $185,183 was used to fund payroll.

Axel products inc is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Axel products inc

AXEL PRODUCTS INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AXEL PRODUCTS INC

Borrower Address

2255 S. Industrial Highway

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48104-6123

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185183.00

Current Approval Amount

185183.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48104-6123

CD

MI-06

Jobs Reported

11

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185183.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187440.71

Forgiveness Date

07/26/2021

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