PPP Loan information for Ferrotek corporation

$130,300

Ferrotek corporation was initially approved for PPP Loan of amount $130,300, the current approved amount is $130,300. The loan was approved on 04/14/2020 by The Whatcom Educational CU reported 10 jobs and $130,300 was used to fund payroll.

Ferrotek corporation is Existing or more than 2 years old

FERROTEK CORPORATION

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FERROTEK CORPORATION

Borrower Address

7135 Delta Line Rd

Borrower City

FERNDALE

Borrower State

WA

Borrower Zip

98248-7704

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130300.00

Current Approval Amount

130300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107441

Servicing Lender Name

Whatcom Educational CU

Servicing Lender Address

600 E Holly St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98225-4711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

WHATCOM

Project State

WA

Project Zip

98248-7704

CD

WA-02

Jobs Reported

10

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130300.00

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

107441

Originating Lender

Whatcom Educational CU

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131570.87

Forgiveness Date

04/08/2021

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