PPP Loan information for Thread-craft inc.

$785,700

Thread-craft inc. was initially approved for PPP Loan of amount $785,700, the current approved amount is $785,700. The loan was approved on 03/23/2021 by The Comerica Bank reported 53 jobs and $785,700 was used to fund payroll.

Thread-craft inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Thread-craft inc.

THREAD-CRAFT INC.

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THREAD-CRAFT INC.

Borrower Address

43643 Utica Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-2359

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

785700.00

Current Approval Amount

785700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-2359

CD

MI-10

Jobs Reported

53

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

785696.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

792684.00

Forgiveness Date

02/09/2022

;