PPP Loan information for Fusion welding solutions, inc.

$872,500

Fusion welding solutions, inc. was initially approved for PPP Loan of amount $872,500, the current approved amount is $872,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 48 jobs and $872,500 was used to fund payroll.

Fusion welding solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLINTON TWP / Fusion welding solutions, inc.

FUSION WELDING SOLUTIONS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FUSION WELDING SOLUTIONS, INC.

Borrower Address

20836 Hall Rd 321

Borrower City

CLINTON TWP

Borrower State

MI

Borrower Zip

48038

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

872500.00

Current Approval Amount

872500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TWP

Project County Name

MACOMB

Project State

MI

Project Zip

48038-0001

CD

MI-10

Jobs Reported

48

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1600.00

Payroll Proceed

805500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60000.00

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

881311.77

Forgiveness Date

05/10/2021

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