PPP Loan information for Foam factory, incorporated

$360,100

Foam factory, incorporated was initially approved for PPP Loan of amount $360,100, the current approved amount is $360,100. The loan was approved on 04/27/2020 by The First State Bank reported 36 jobs and $360,100 was used to fund payroll.

Foam factory, incorporated is Existing or more than 2 years old

PPP Loan Search / MI / Macomb / Foam factory, incorporated

FOAM FACTORY, INCORPORATED

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOAM FACTORY, INCORPORATED

Borrower Address

17500 23 mile road

Borrower City

Macomb

Borrower State

MI

Borrower Zip

48044-1165

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360100.00

Current Approval Amount

360100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macomb

Project County Name

MACOMB

Project State

MI

Project Zip

48044-1165

CD

MI-09

Jobs Reported

36

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

360100.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

362161.94

Forgiveness Date

11/25/2020

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