PPP Loan information for Future technologies, inc.

$396,100

Future technologies, inc. was initially approved for PPP Loan of amount $396,100, the current approved amount is $396,100. The loan was approved on 04/04/2020 by The 1st State Bank reported 26 jobs and $396,100 was used to fund payroll.

Future technologies, inc. is Existing or more than 2 years old

FUTURE TECHNOLOGIES, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FUTURE TECHNOLOGIES, INC.

Borrower Address

2490 E. MIDLAND RD

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-9469

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396100.00

Current Approval Amount

396100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-9469

CD

MI-08

Jobs Reported

26

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

343408.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42692.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399290.81

Forgiveness Date

02/01/2021

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