PPP Loan information for Flowtech inc

$87,500

Flowtech inc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/29/2020 by The 1st Source Bank reported 7 jobs and $87,500 was used to fund payroll.

Flowtech inc is New Business or 2 years or less

PPP Loan Search / MI / Kalamazoo / Flowtech inc

FLOWTECH INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FLOWTECH INC

Borrower Address

7601 Stadium Drive

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49009

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-0800

CD

MI-04

Jobs Reported

7

NAICS Code

322299

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88212.15

Forgiveness Date

02/23/2021

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