PPP Loan information for Foundry products incorporated

$57,955

Foundry products incorporated was initially approved for PPP Loan of amount $57,955, the current approved amount is $57,955. The loan was approved on 04/07/2020 by The Chelsea State Bank reported 5 jobs and $57,955 was used to fund payroll.

Foundry products incorporated is Existing or more than 2 years old

PPP Loan Search / MI / WESTLAND / Foundry products incorporated

FOUNDRY PRODUCTS INCORPORATED

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOUNDRY PRODUCTS INCORPORATED

Borrower Address

6000 HIX RD

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185-1938

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57954.92

Current Approval Amount

57954.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-1938

CD

MI-12

Jobs Reported

5

NAICS Code

423510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

46363.94

Mortgage Interest Proceed

0.00

Rent Proceed

9590.98

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58245.49

Forgiveness Date

10/14/2020

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