PPP Loan information for Industrial bag & specialties, inc.

$92,000

Industrial bag & specialties, inc. was initially approved for PPP Loan of amount $92,000, the current approved amount is $92,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 5 jobs and $92,000 was used to fund payroll.

Industrial bag & specialties, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Industrial bag & specialties, inc.

INDUSTRIAL BAG & SPECIALTIES, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUSTRIAL BAG & SPECIALTIES, INC.

Borrower Address

17800 Northland Park Court Ste 107

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92000.00

Current Approval Amount

92000.00

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

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-0899

CD

MI-12

Jobs Reported

5

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

92549.48

Forgiveness Date

11/25/2020

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