PPP Loan information for Fader equipment inc

$40,000

Fader equipment inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/28/2020 by The Comerica Bank reported 3 jobs and $40,000 was used to fund payroll.

Fader equipment inc is Existing or more than 2 years old

FADER EQUIPMENT INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FADER EQUIPMENT INC

Borrower Address

2203 East Michigan Avenue

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49048

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49048-0100

CD

MI-04

Jobs Reported

3

NAICS Code

453998

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40368.89

Forgiveness Date

04/05/2021

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