PPP Loan information for Futuramic tool & engineering company

$4,130,717

Futuramic tool & engineering company was initially approved for PPP Loan of amount $4,130,717, the current approved amount is $4,130,717. The loan was approved on 04/13/2020 by The Bank of Ann Arbor reported 246 jobs and $4,130,717 was used to fund payroll.

Futuramic tool & engineering company is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Futuramic tool & engineering company

FUTURAMIC TOOL & ENGINEERING COMPANY

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FUTURAMIC TOOL & ENGINEERING COMPANY

Borrower Address

24680 GIBSON DR

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-2078

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4130717.00

Current Approval Amount

4130717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-2078

CD

MI-10

Jobs Reported

246

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4130717.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4176211.47

Forgiveness Date

05/28/2021

;