PPP Loan information for American fence & supply co, inc

$607,200

American fence & supply co, inc was initially approved for PPP Loan of amount $607,200, the current approved amount is $607,200. The loan was approved on 04/27/2020 by The First State Bank reported 63 jobs and $607,200 was used to fund payroll.

American fence & supply co, inc is Existing or more than 2 years old

AMERICAN FENCE & SUPPLY CO, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN FENCE & SUPPLY CO, INC

Borrower Address

21200 SCHOENHERR RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-5801

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607200.00

Current Approval Amount

607200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-5801

CD

MI-10

Jobs Reported

63

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

607200.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

613155.55

Forgiveness Date

04/22/2021

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