PPP Loan information for Frc inc.

$166,720

Frc inc. was initially approved for PPP Loan of amount $166,720, the current approved amount is $166,720. The loan was approved on 02/17/2021 by The First Merchants Bank reported 33 jobs and $166,720 was used to fund payroll.

Frc inc. is Existing or more than 2 years old

FRC INC.

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FRC INC.

Borrower Address

26123 E Huron River Dr

Borrower City

Flat Rock

Borrower State

MI

Borrower Zip

48134-1560

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

166719.80

Current Approval Amount

166719.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flat Rock

Project County Name

WAYNE

Project State

MI

Project Zip

48134-1560

CD

MI-06

Jobs Reported

33

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

166715.80

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

167934.80

Forgiveness Date

11/17/2021

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