PPP Loan information for Ifl group, inc.

$906,400

Ifl group, inc. was initially approved for PPP Loan of amount $906,400, the current approved amount is $906,400. The loan was approved on 04/29/2020 by The Comerica Bank reported 79 jobs and $906,400 was used to fund payroll.

Ifl group, inc. is Existing or more than 2 years old

IFL GROUP, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IFL GROUP, INC.

Borrower Address

6860 SOUTH SERVICE DR

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48327-1652

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

906400.00

Current Approval Amount

906400.00

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

WATERFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48327-1652

CD

MI-11

Jobs Reported

79

NAICS Code

481212

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

725188.00

Mortgage Interest Proceed

181212.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

917855.89

Forgiveness Date

08/05/2021

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