PPP Loan information for Napco inc

$362,119

Napco inc was initially approved for PPP Loan of amount $362,119, the current approved amount is $362,119. The loan was approved on 04/07/2020 by The The State Bank reported 21 jobs and $362,119 was used to fund payroll.

Napco inc is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Napco inc

NAPCO INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NAPCO INC

Borrower Address

30301 NORTHWESTERN HWY

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334-3214

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362119.00

Current Approval Amount

362119.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

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

48334-3214

CD

MI-11

Jobs Reported

21

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

362119.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

364341.32

Forgiveness Date

11/30/2020

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