PPP Loan information for Flotation docking systems, inc.

$350,300

Flotation docking systems, inc. was initially approved for PPP Loan of amount $350,300, the current approved amount is $350,300. The loan was approved on 04/29/2020 by The Old Mission Bank reported 33 jobs and $350,300 was used to fund payroll.

Flotation docking systems, inc. is Existing or more than 2 years old

FLOTATION DOCKING SYSTEMS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FLOTATION DOCKING SYSTEMS, INC.

Borrower Address

160 Hodeck Street

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-0001

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350300.00

Current Approval Amount

350300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-0001

CD

MI-01

Jobs Reported

33

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43787.50

Payroll Proceed

262725.00

Mortgage Interest Proceed

43787.50

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

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353637.58

Forgiveness Date

04/13/2021

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