PPP Loan information for Industrial fabricating systems inc

$186,515

Industrial fabricating systems inc was initially approved for PPP Loan of amount $186,515, the current approved amount is $186,515. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $186,515 was used to fund payroll.

Industrial fabricating systems inc is Existing or more than 2 years old

PPP Loan Search / MI / MILFORD / Industrial fabricating systems inc

INDUSTRIAL FABRICATING SYSTEMS INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUSTRIAL FABRICATING SYSTEMS INC

Borrower Address

4965 TECHNICAL DR

Borrower City

MILFORD

Borrower State

MI

Borrower Zip

48381

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186515.00

Current Approval Amount

186515.00

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

MILFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48381-0001

CD

MI-07

Jobs Reported

18

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175095.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11420.00

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

188327.61

Forgiveness Date

04/26/2021

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