PPP Loan information for Ferrolux metals co. of michigan llc

$384,045

Ferrolux metals co. of michigan llc was initially approved for PPP Loan of amount $384,045, the current approved amount is $384,045. The loan was approved on 03/20/2021 by The KeyBank National Association reported 26 jobs and $384,045 was used to fund payroll.

Ferrolux metals co. of michigan llc is Existing or more than 2 years old

PPP Loan Search / OH / Brooklyn / Ferrolux metals co. of michigan llc

FERROLUX METALS CO. OF MICHIGAN LLC

Date Approved

03/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FERROLUX METALS CO. OF MICHIGAN LLC

Borrower Address

11103 Memphis Ave

Borrower City

Brooklyn

Borrower State

OH

Borrower Zip

44144-2055

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

384045.00

Current Approval Amount

384045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44144-2055

CD

OH-07

Jobs Reported

26

NAICS Code

331221

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

384042.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388685.11

Forgiveness Date

07/05/2022

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