PPP Loan information for Froehlich's inc

$122,500

Froehlich's inc was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 04/15/2020 by The Horizon Bank reported 52 jobs and $122,500 was used to fund payroll.

Froehlich's inc is Existing or more than 2 years old

PPP Loan Search / MI / THREE OAKS / Froehlich's inc

FROEHLICH'S INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FROEHLICH'S INC

Borrower Address

16357 Flynn Rd

Borrower City

THREE OAKS

Borrower State

MI

Borrower Zip

49128

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THREE OAKS

Project County Name

BERRIEN

Project State

MI

Project Zip

49128-0001

CD

MI-06

Jobs Reported

52

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12250.00

Payroll Proceed

98000.00

Mortgage Interest Proceed

12250.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123936.44

Forgiveness Date

07/09/2021

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