PPP Loan information for Farnell equipment company

$185,930

Farnell equipment company was initially approved for PPP Loan of amount $185,930, the current approved amount is $185,930. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 10 jobs and $185,930 was used to fund payroll.

Farnell equipment company is Existing or more than 2 years old

FARNELL EQUIPMENT COMPANY

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FARNELL EQUIPMENT COMPANY

Borrower Address

2950 Todd Drive

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-3408

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185930.00

Current Approval Amount

185930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

48084-3408

CD

MI-11

Jobs Reported

10

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149930.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187655.95

Forgiveness Date

04/08/2021

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