PPP Loan information for Ferndale mexican, inc.

$380,334

Ferndale mexican, inc. was initially approved for PPP Loan of amount $380,334, the current approved amount is $380,334. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 60 jobs and $380,334 was used to fund payroll.

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

FERNDALE MEXICAN, INC.

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FERNDALE MEXICAN, INC.

Borrower Address

175 W Troy St

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-1820

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380334.00

Current Approval Amount

380334.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

1.00

Payroll Proceed

380329.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384397.84

Forgiveness Date

03/10/2022

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