PPP Loan information for Loftis manufacturing, inc.

$76,600

Loftis manufacturing, inc. was initially approved for PPP Loan of amount $76,600, the current approved amount is $76,600. The loan was approved on 04/27/2020 by The First State Bank reported 7 jobs and $76,600 was used to fund payroll.

Loftis manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CHESTERFIELD / Loftis manufacturing, inc.

LOFTIS MANUFACTURING, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOFTIS MANUFACTURING, INC.

Borrower Address

30103 COMMERCE BOULEVARD

Borrower City

CHESTERFIELD

Borrower State

MI

Borrower Zip

48051-1242

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76600.00

Current Approval Amount

76600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERFIELD

Project County Name

MACOMB

Project State

MI

Project Zip

48051-1242

CD

MI-09

Jobs Reported

7

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76600.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77510.81

Forgiveness Date

07/09/2021

;