Date Approved
04/26/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
FRED & SON RECYCLE INC
Borrower Address
12828 Hamilton Ave
Borrower City
Highland Park
Borrower State
MI
Borrower Zip
48203-3282
Loan Status Date
02/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
13653.13
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98837
Servicing Lender Name
Michigan First CU
Servicing Lender Address
27000 Evergreen Rd
Servicing Lender City
LATHRUP VILLAGE
Servicing Lender State
Servicing Lender Zip
48076-3231
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
1
NAICS Code
443141
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
13646.13
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
13751.36
Forgiveness Date
01/21/2022