PPP Loan information for Fabtronic inc.

$503,510

Fabtronic inc. was initially approved for PPP Loan of amount $503,510, the current approved amount is $503,510. The loan was approved on 02/03/2021 by The JPMorgan Chase Bank, National Association reported 42 jobs and $503,510 was used to fund payroll.

Fabtronic inc. is Existing or more than 2 years old

PPP Loan Search / MI / Macomb / Fabtronic inc.

FABTRONIC INC.

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FABTRONIC INC.

Borrower Address

51685 Industrial Dr

Borrower City

Macomb

Borrower State

MI

Borrower Zip

48042-4027

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503510.00

Current Approval Amount

503510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macomb

Project County Name

MACOMB

Project State

MI

Project Zip

48042-4027

CD

MI-09

Jobs Reported

42

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

503508.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

510020.66

Forgiveness Date

05/26/2022

;