PPP Loan information for F & m contractors, inc

$589,400

F & m contractors, inc was initially approved for PPP Loan of amount $589,400, the current approved amount is $589,400. The loan was approved on 04/13/2020 by The First State Bank reported 43 jobs and $589,400 was used to fund payroll.

F & m contractors, inc is Existing or more than 2 years old

F & M CONTRACTORS, INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

F & M CONTRACTORS, INC

Borrower Address

2201 Hamlin Road

Borrower City

Utica

Borrower State

MI

Borrower Zip

48317-1907

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

589400.00

Current Approval Amount

589400.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Utica

Project County Name

MACOMB

Project State

MI

Project Zip

48317-1907

CD

MI-10

Jobs Reported

43

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

589400.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594066.76

Forgiveness Date

02/04/2021

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