PPP Loan information for F&m cement company inc

$218,793

F&m cement company inc was initially approved for PPP Loan of amount $218,793, the current approved amount is $218,793. The loan was approved on 04/08/2020 by The Mercantile Bank reported 7 jobs and $218,793 was used to fund payroll.

F&m cement company inc is Existing or more than 2 years old

F&M CEMENT COMPANY INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

F&M CEMENT COMPANY INC

Borrower Address

38110 Abruzzi Dr

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185-3278

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218793.12

Current Approval Amount

218793.12

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

Existing or more than 2 years old

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-3278

CD

MI-12

Jobs Reported

7

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1711.00

Payroll Proceed

191955.12

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15127.00

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

221202.84

Forgiveness Date

05/21/2021

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