PPP Loan information for Armada rubber manufacturing company

$930,400

Armada rubber manufacturing company was initially approved for PPP Loan of amount $930,400, the current approved amount is $930,400. The loan was approved on 04/30/2020 by The Comerica Bank reported 71 jobs and $930,400 was used to fund payroll.

Armada rubber manufacturing company is Existing or more than 2 years old

ARMADA RUBBER MANUFACTURING COMPANY

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARMADA RUBBER MANUFACTURING COMPANY

Borrower Address

24586 Armada Ridge Road

Borrower City

Armada

Borrower State

MI

Borrower Zip

48005-0579

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

930400.00

Current Approval Amount

930400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Armada

Project County Name

MACOMB

Project State

MI

Project Zip

48005-0579

CD

MI-09

Jobs Reported

71

NAICS Code

326299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

930400.00

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

936912.80

Forgiveness Date

01/19/2021

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