PPP Loan information for Frc inc

$101,260

Frc inc was initially approved for PPP Loan of amount $101,260, the current approved amount is $101,260. The loan was approved on 04/15/2020 by The First Merchants Bank reported 35 jobs and $101,260 was used to fund payroll.

Frc inc is Existing or more than 2 years old

FRC INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRC INC

Borrower Address

26123 HURON RIVER DR

Borrower City

FLAT ROCK

Borrower State

MI

Borrower Zip

48134-1560

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101260.35

Current Approval Amount

101260.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLAT ROCK

Project County Name

WAYNE

Project State

MI

Project Zip

48134-1560

CD

MI-06

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101260.35

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

102170.31

Forgiveness Date

03/16/2021

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