PPP Loan information for New foundry labs llc

$218,763

New foundry labs llc was initially approved for PPP Loan of amount $218,763, the current approved amount is $218,763. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 12 jobs and $218,763 was used to fund payroll.

New foundry labs llc is Existing or more than 2 years old

NEW FOUNDRY LABS LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEW FOUNDRY LABS LLC

Borrower Address

1950 Manchester Rd

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48104-4916

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218762.50

Current Approval Amount

218762.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48104-4916

CD

MI-06

Jobs Reported

12

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

218757.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220482.63

Forgiveness Date

11/09/2021

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