PPP Loan information for Titus welding company, inc.

$214,400

Titus welding company, inc. was initially approved for PPP Loan of amount $214,400, the current approved amount is $214,400. The loan was approved on 04/27/2020 by The First Merchants Bank reported 17 jobs and $214,400 was used to fund payroll.

Titus welding company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Titus welding company, inc.

TITUS WELDING COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TITUS WELDING COMPANY, INC.

Borrower Address

20750 Sunnydale Ave

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-5251

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214400.00

Current Approval Amount

214400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

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

48336-5251

CD

MI-11

Jobs Reported

17

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

214400.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215798.01

Forgiveness Date

12/30/2020

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