PPP Loan information for Federated service solutions

$508,596

Federated service solutions was initially approved for PPP Loan of amount $508,596, the current approved amount is $508,596. The loan was approved on 04/28/2020 by The Independent Bank reported 61 jobs and $508,596 was used to fund payroll.

Federated service solutions is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Federated service solutions

FEDERATED SERVICE SOLUTIONS

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FEDERATED SERVICE SOLUTIONS

Borrower Address

30955 NORTHWESTERN HWY

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334-2508

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508596.00

Current Approval Amount

508596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-2508

CD

MI-11

Jobs Reported

61

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508596.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512678.70

Forgiveness Date

02/18/2021

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