PPP Loan information for Ferndale supermarket inc

$121,300

Ferndale supermarket inc was initially approved for PPP Loan of amount $121,300, the current approved amount is $121,300. The loan was approved on 04/28/2020 by The First Merchants Bank reported 32 jobs and $121,300 was used to fund payroll.

Ferndale supermarket inc is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Ferndale supermarket inc

FERNDALE SUPERMARKET INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERNDALE SUPERMARKET INC

Borrower Address

600 W Nine Mile

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121300.00

Current Approval Amount

121300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

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

48220-0001

CD

MI-11

Jobs Reported

32

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122576.14

Forgiveness Date

05/20/2021

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