PPP Loan information for Fordsell machine products company, inc.

$297,100

Fordsell machine products company, inc. was initially approved for PPP Loan of amount $297,100, the current approved amount is $297,100. The loan was approved on 04/27/2020 by The Comerica Bank reported 20 jobs and $297,100 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

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORDSELL MACHINE PRODUCTS COMPANY, INC.

Borrower Address

30400 Ryan Road

Borrower City

Warren

Borrower State

MI

Borrower Zip

48092-1947

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297100.00

Current Approval Amount

297100.00

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

20

NAICS Code

332721

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237712.00

Mortgage Interest Proceed

59388.00

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

299270.48

Forgiveness Date

01/20/2021

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