PPP Loan information for Colortec inc

$134,529

Colortec inc was initially approved for PPP Loan of amount $134,529, the current approved amount is $134,529. The loan was approved on 04/27/2020 by The Thumb Bank & Trust reported 16 jobs and $134,529 was used to fund payroll.

Colortec inc is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Colortec inc

COLORTEC INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLORTEC INC

Borrower Address

3140 BAY RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48603-2419

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134528.93

Current Approval Amount

134528.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48603-2419

CD

MI-08

Jobs Reported

16

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1320.00

Debt Interest Proceed

1208.93

Business Type

Corporation

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135630.96

Forgiveness Date

03/02/2021

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