PPP Loan information for Fordsell machine products company inc.

$278,800

Fordsell machine products company inc. was initially approved for PPP Loan of amount $278,800, the current approved amount is $278,800. The loan was approved on 02/04/2021 by The Comerica Bank reported 18 jobs and $278,800 was used to fund payroll.

Fordsell machine products company inc. is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Fordsell machine products company inc.

FORDSELL MACHINE PRODUCTS COMPANY INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FORDSELL MACHINE PRODUCTS COMPANY INC.

Borrower Address

30400 Ryan Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48092-1947

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

278800.00

Current Approval Amount

278800.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48092-1947

CD

MI-10

Jobs Reported

18

NAICS Code

332721

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

278797.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

280062.34

Forgiveness Date

07/22/2021

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