PPP Loan information for Business products inc

$249,930

Business products inc was initially approved for PPP Loan of amount $249,930, the current approved amount is $249,930. The loan was approved on 02/09/2021 by The PNC Bank, National Association reported 24 jobs and $249,930 was used to fund payroll.

Business products inc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Business products inc

BUSINESS PRODUCTS INC

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BUSINESS PRODUCTS INC

Borrower Address

23399 Commerce Dr Ste B7 23399 Commerce Dr Ste B7

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48335-2763

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

249930.00

Current Approval Amount

249930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2763

CD

MI-11

Jobs Reported

24

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249930.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251526.78

Forgiveness Date

09/29/2021

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