PPP Loan information for Balance technology, inc.

$1,798,200

Balance technology, inc. was initially approved for PPP Loan of amount $1,798,200, the current approved amount is $1,798,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 137 jobs and $1,798,200 was used to fund payroll.

Balance technology, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Whitmore Lake / Balance technology, inc.

BALANCE TECHNOLOGY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BALANCE TECHNOLOGY, INC.

Borrower Address

7035 Jomar Drive

Borrower City

Whitmore Lake

Borrower State

MI

Borrower Zip

48189-8241

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1798200.00

Current Approval Amount

1798200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whitmore Lake

Project County Name

WASHTENAW

Project State

MI

Project Zip

48189-8241

CD

MI-06

Jobs Reported

137

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1438614.00

Mortgage Interest Proceed

359586.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1810987.20

Forgiveness Date

01/19/2021

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