PPP Loan information for Fibre converters, inc.

$1,201,952

Fibre converters, inc. was initially approved for PPP Loan of amount $1,201,952, the current approved amount is $1,201,952. The loan was approved on 04/08/2020 by The Southern Michigan Bank & Trust reported 102 jobs and $1,201,952 was used to fund payroll.

Fibre converters, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CONSTANTINE / Fibre converters, inc.

FIBRE CONVERTERS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FIBRE CONVERTERS, INC.

Borrower Address

1 Industrial Park Dr.

Borrower City

CONSTANTINE

Borrower State

MI

Borrower Zip

49042-8735

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1201952.00

Current Approval Amount

1201952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONSTANTINE

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49042-8735

CD

MI-05

Jobs Reported

102

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

150244.00

Payroll Proceed

1051708.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1211337.10

Forgiveness Date

01/28/2021

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