PPP Loan information for Florence cement company

$2,000,000

Florence cement company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/23/2021 by The Comerica Bank reported 119 jobs and $2,000,000 was used to fund payroll.

Florence cement company is Existing or more than 2 years old

FLORENCE CEMENT COMPANY

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FLORENCE CEMENT COMPANY

Borrower Address

51515 Corridor Dr

Borrower City

Utica

Borrower State

MI

Borrower Zip

48315-3146

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Utica

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3146

CD

MI-10

Jobs Reported

119

NAICS Code

237310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2012833.33

Forgiveness Date

11/16/2021

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