PPP Loan information for Fair salvage company

$466,400

Fair salvage company was initially approved for PPP Loan of amount $466,400, the current approved amount is $466,400. The loan was approved on 04/07/2020 by The Isabella Bank reported 27 jobs and $466,400 was used to fund payroll.

Fair salvage company is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Fair salvage company

FAIR SALVAGE COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

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

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466400.00

Current Approval Amount

466400.00

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

27

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

401400.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

13000

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

287498.63

Forgiveness Date

03/02/2021

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