PPP Loan information for Fori automation, inc.

$5,560,100

Fori automation, inc. was initially approved for PPP Loan of amount $5,560,100, the current approved amount is $5,560,100. The loan was approved on 04/29/2020 by The Comerica Bank reported 270 jobs and $5,560,100 was used to fund payroll.

Fori automation, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / Fori automation, inc.

FORI AUTOMATION, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORI AUTOMATION, INC.

Borrower Address

13231 23 Mile Road

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48315-2713

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5560100.00

Current Approval Amount

5560100.00

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

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-2713

CD

MI-10

Jobs Reported

270

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4448130.00

Mortgage Interest Proceed

1111970.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5624658.94

Forgiveness Date

07/01/2021

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