PPP Loan information for Folk automotive inc

$83,945

Folk automotive inc was initially approved for PPP Loan of amount $83,945, the current approved amount is $83,945. The loan was approved on 05/13/2020 by The Fifth Third Bank reported 9 jobs and $83,945 was used to fund payroll.

Folk automotive inc is New Business or 2 years or less

PPP Loan Search / MI / CANTON / Folk automotive inc

FOLK AUTOMOTIVE INC

Date Approved

05/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOLK AUTOMOTIVE INC

Borrower Address

8240 N LILLEY RD

Borrower City

CANTON

Borrower State

MI

Borrower Zip

48187

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83945.00

Current Approval Amount

83945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CANTON

Project County Name

WAYNE

Project State

MI

Project Zip

48187-0001

CD

MI-06

Jobs Reported

9

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83945.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84562.93

Forgiveness Date

02/11/2021

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