PPP Loan information for Depatie fluid power co.

$1,477,197

Depatie fluid power co. was initially approved for PPP Loan of amount $1,477,197, the current approved amount is $1,477,197. The loan was approved on 01/19/2021 by The First National Bank of Michigan reported 79 jobs and $1,477,197 was used to fund payroll.

Depatie fluid power co. is Existing or more than 2 years old

PPP Loan Search / MI / Portage / Depatie fluid power co.

DEPATIE FLUID POWER CO.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DEPATIE FLUID POWER CO.

Borrower Address

6256 American Ave

Borrower City

Portage

Borrower State

MI

Borrower Zip

49002-9302

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1477197.00

Current Approval Amount

1477197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-9302

CD

MI-06

Jobs Reported

79

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1477192.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1491321.43

Forgiveness Date

01/06/2022

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