PPP Loan information for Detroit flexible metal products company

$521,500

Detroit flexible metal products company was initially approved for PPP Loan of amount $521,500, the current approved amount is $521,500. The loan was approved on 04/28/2020 by The First Merchants Bank reported 69 jobs and $521,500 was used to fund payroll.

Detroit flexible metal products company is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Detroit flexible metal products company

DETROIT FLEXIBLE METAL PRODUCTS COMPANY

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DETROIT FLEXIBLE METAL PRODUCTS COMPANY

Borrower Address

2921 Industrial Row

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521500.00

Current Approval Amount

521500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-0001

CD

MI-11

Jobs Reported

69

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

521500.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524743.30

Forgiveness Date

12/14/2020

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