PPP Loan information for Fonag, inc

$40,000

Fonag, inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 15 jobs and $40,000 was used to fund payroll.

Fonag, inc is Existing or more than 2 years old

PPP Loan Search / MI / Canton / Fonag, inc

FONAG, INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FONAG, INC

Borrower Address

122 Kings Way

Borrower City

Canton

Borrower State

MI

Borrower Zip

48188

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48188-0001

CD

MI-06

Jobs Reported

15

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29609.76

Forgiveness Date

09/14/2021

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