PPP Loan information for Mfac inc.

$37,100

Mfac inc. was initially approved for PPP Loan of amount $37,100, the current approved amount is $37,100. The loan was approved on 02/04/2021 by The Comerica Bank reported 3 jobs and $37,100 was used to fund payroll.

Mfac inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sylvan Lake / Mfac inc.

MFAC INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MFAC INC.

Borrower Address

1912 Sherwood St

Borrower City

Sylvan Lake

Borrower State

MI

Borrower Zip

48320-1547

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37100.00

Current Approval Amount

37100.00

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

Sylvan Lake

Project County Name

OAKLAND

Project State

MI

Project Zip

48320-1547

CD

MI-11

Jobs Reported

3

NAICS Code

424130

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37099.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37301.99

Forgiveness Date

08/24/2021

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