PPP Loan information for Flo-tec, inc.

$112,468

Flo-tec, inc. was initially approved for PPP Loan of amount $112,468, the current approved amount is $112,468. The loan was approved on 04/28/2020 by The Mercantile Bank reported 9 jobs and $112,468 was used to fund payroll.

Flo-tec, inc. is Unanswered

PPP Loan Search / MI / LIVONIA / Flo-tec, inc.

FLO-TEC, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FLO-TEC, INC.

Borrower Address

13033 FAIRLANE ST

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-1325

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112468.00

Current Approval Amount

112468.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1325

CD

MI-12

Jobs Reported

9

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13909.00

Payroll Proceed

89947.00

Mortgage Interest Proceed

2600.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6012.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94684.02

Forgiveness Date

11/10/2020

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