PPP Loan information for Forced air systems inc.

$410,058

Forced air systems inc. was initially approved for PPP Loan of amount $410,058, the current approved amount is $410,058. The loan was approved on 04/08/2020 by The Oxford Bank reported 17 jobs and $410,058 was used to fund payroll.

Forced air systems inc. is Existing or more than 2 years old

FORCED AIR SYSTEMS INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORCED AIR SYSTEMS INC.

Borrower Address

42258 YEAREGO DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48314-3260

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410058.00

Current Approval Amount

410058.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48314-3260

CD

MI-10

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410058.00

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

415047.04

Forgiveness Date

07/06/2021

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