PPP Loan information for Fair salvage company

$357,459

Fair salvage company was initially approved for PPP Loan of amount $357,459, the current approved amount is $357,459. The loan was approved on 02/25/2021 by The Isabella Bank reported 30 jobs and $357,459 was used to fund payroll.

Fair salvage company is Existing or more than 2 years old

FAIR SALVAGE COMPANY

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FAIR SALVAGE COMPANY

Borrower Address

2731 E Grass Lake Rd

Borrower City

Clare

Borrower State

MI

Borrower Zip

48617-9316

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357459.00

Current Approval Amount

357459.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clare

Project County Name

ISABELLA

Project State

MI

Project Zip

48617-9316

CD

MI-02

Jobs Reported

30

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

357458.00

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359907.35

Forgiveness Date

11/10/2021

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