PPP Loan information for Forge precision company

$180,300

Forge precision company was initially approved for PPP Loan of amount $180,300, the current approved amount is $180,300. The loan was approved on 02/09/2021 by The Comerica Bank reported 19 jobs and $180,300 was used to fund payroll.

Forge precision company is Existing or more than 2 years old

FORGE PRECISION COMPANY

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FORGE PRECISION COMPANY

Borrower Address

31800 W 8 Mile Rd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-5210

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180300.00

Current Approval Amount

180300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-5210

CD

MI-11

Jobs Reported

19

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

180299.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181827.54

Forgiveness Date

12/14/2021

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