PPP Loan information for Michigan industrial forklifts inc

$156,500

Michigan industrial forklifts inc was initially approved for PPP Loan of amount $156,500, the current approved amount is $156,500. The loan was approved on 04/27/2020 by The Community Choice CU reported 15 jobs and $156,500 was used to fund payroll.

Michigan industrial forklifts inc is Existing or more than 2 years old

MICHIGAN INDUSTRIAL FORKLIFTS INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN INDUSTRIAL FORKLIFTS INC

Borrower Address

30880 Industrial Rd

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-2022

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156500.00

Current Approval Amount

156500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-2022

CD

MI-12

Jobs Reported

15

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156500.00

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

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

157317.28

Forgiveness Date

11/05/2020

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