PPP Loan information for Foster automotive, inc

$23,282

Foster automotive, inc was initially approved for PPP Loan of amount $23,282, the current approved amount is $23,282. The loan was approved on 04/29/2020 by The Isabella Bank reported 4 jobs and $23,282 was used to fund payroll.

Foster automotive, inc is Existing or more than 2 years old

FOSTER AUTOMOTIVE, INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOSTER AUTOMOTIVE, INC

Borrower Address

270 E LUDINGTON DR

Borrower City

FARWELL

Borrower State

MI

Borrower Zip

48622-8413

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23282.00

Current Approval Amount

23282.00

Undisbursed Amount

0.00

Franchise Name

Napa AutoCare Program Membership Agreement

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARWELL

Project County Name

CLARE

Project State

MI

Project Zip

48622-8413

CD

MI-02

Jobs Reported

4

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1671.00

Payroll Proceed

19111.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23498.24

Forgiveness Date

04/12/2021

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