PPP Loan information for Frank bacon machinery sales co.

$308,125

Frank bacon machinery sales co. was initially approved for PPP Loan of amount $308,125, the current approved amount is $308,125. The loan was approved on 06/08/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $308,125 was used to fund payroll.

Frank bacon machinery sales co. is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Frank bacon machinery sales co.

FRANK BACON MACHINERY SALES CO.

Date Approved

06/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRANK BACON MACHINERY SALES CO.

Borrower Address

21251 RYAN RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

308125.00

Current Approval Amount

308125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-0899

CD

MI-10

Jobs Reported

18

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308125.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309634.81

Forgiveness Date

12/17/2020

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