PPP Loan information for Ferndale grinding, inc.

$41,683

Ferndale grinding, inc. was initially approved for PPP Loan of amount $41,683, the current approved amount is $41,683. The loan was approved on 05/06/2020 by The LCA Bank Corporation reported 5 jobs and $41,683 was used to fund payroll.

Ferndale grinding, inc. is New Business or 2 years or less

PPP Loan Search / MI / Ferndale / Ferndale grinding, inc.

FERNDALE GRINDING, INC.

Date Approved

05/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERNDALE GRINDING, INC.

Borrower Address

2211 Burdette St

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41683.20

Current Approval Amount

41683.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443364

Servicing Lender Name

LCA Bank Corporation

Servicing Lender Address

1441 W UTE Blvd Ste 250

Servicing Lender City

PARK CITY

Servicing Lender State

UT

Servicing Lender Zip

84098

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-0001

CD

MI-11

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41683.20

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

443364

Originating Lender

LCA Bank Corporation

Originating Lender City

PARK CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41933.30

Forgiveness Date

12/15/2020

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