PPP Loan information for Froude, inc

$384,500

Froude, inc was initially approved for PPP Loan of amount $384,500, the current approved amount is $384,500. The loan was approved on 04/28/2020 by The Comerica Bank reported 22 jobs and $384,500 was used to fund payroll.

Froude, inc is Existing or more than 2 years old

PPP Loan Search / MI / NOVI / Froude, inc

FROUDE, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FROUDE, INC

Borrower Address

41123 JO DR

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48375-1920

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384500.00

Current Approval Amount

384500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-1920

CD

MI-06

Jobs Reported

22

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307667.08

Mortgage Interest Proceed

76832.92

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388825.62

Forgiveness Date

06/11/2021

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