PPP Loan information for Federal paving, incorporated

$332,600

Federal paving, incorporated was initially approved for PPP Loan of amount $332,600, the current approved amount is $332,600. The loan was approved on 04/11/2020 by The First Merchants Bank reported 23 jobs and $332,600 was used to fund payroll.

Federal paving, incorporated is Existing or more than 2 years old

FEDERAL PAVING, INCORPORATED

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FEDERAL PAVING, INCORPORATED

Borrower Address

2260 Auburn Road

Borrower City

Auburn Hills

Borrower State

MI

Borrower Zip

48326-3102

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332600.00

Current Approval Amount

332600.00

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

Auburn Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-3102

CD

MI-11

Jobs Reported

23

NAICS Code

237310

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

332600.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

335279.02

Forgiveness Date

02/04/2021

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