PPP Loan information for Fraunhofer usa, inc.

$1,950,000

Fraunhofer usa, inc. was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 04/04/2020 by The Bank of Lake Village reported 135 jobs and $1,950,000 was used to fund payroll.

Fraunhofer usa, inc. is Existing or more than 2 years old

FRAUNHOFER USA, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRAUNHOFER USA, INC.

Borrower Address

44792 Helm St

Borrower City

PLYMOUTH

Borrower State

MI

Borrower Zip

48170-6026

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950000.00

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4465

Servicing Lender Name

Bank of Lake Village

Servicing Lender Address

201 Main St

Servicing Lender City

LAKE VILLAGE

Servicing Lender State

AR

Servicing Lender Zip

71653-1900

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

WAYNE

Project State

MI

Project Zip

48170-6026

CD

MI-06

Jobs Reported

135

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

Corporation

Originating Lender Location Id

4465

Originating Lender

Bank of Lake Village

Originating Lender City

LAKE VILLAGE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1971720.83

Forgiveness Date

05/21/2021

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