PPP Loan information for Efd induction, inc

$899,442

Efd induction, inc was initially approved for PPP Loan of amount $899,442, the current approved amount is $899,442. The loan was approved on 04/28/2020 by The Transportation Alliance Bank, Inc. d/b/a TAB Bank reported 49 jobs and $899,442 was used to fund payroll.

Efd induction, inc is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Efd induction, inc

EFD INDUCTION, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EFD INDUCTION, INC

Borrower Address

31511 Dequindre Road

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-1537

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899442.00

Current Approval Amount

899442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123118

Servicing Lender Name

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Servicing Lender Address

4185 Harrison Blvd, Ste 200

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84403-6400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1537

CD

MI-11

Jobs Reported

49

NAICS Code

333994

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9442.00

Payroll Proceed

850000.00

Mortgage Interest Proceed

40000.00

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

123118

Originating Lender

Transportation Alliance Bank, Inc. d/b/a TAB Bank

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

903839.27

Forgiveness Date

11/05/2020

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