PPP Loan information for Ferndale mexican, inc.

$284,000

Ferndale mexican, inc. was initially approved for PPP Loan of amount $284,000, the current approved amount is $284,000. The loan was approved on 04/05/2020 by The The State Bank reported 60 jobs and $284,000 was used to fund payroll.

Ferndale mexican, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Ferndale mexican, inc.

FERNDALE MEXICAN, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERNDALE MEXICAN, INC.

Borrower Address

175 W TROY ST

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-1820

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284000.00

Current Approval Amount

284000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1820

CD

MI-11

Jobs Reported

60

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284000.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287306.85

Forgiveness Date

06/15/2021

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