Date Approved
02/20/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
PHILLIPS SIGN & LIGHTING INC
Borrower Address
40920 Executive Dr
Borrower City
Harrison Township
Borrower State
MI
Borrower Zip
48045-1363
Loan Status Date
04/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
608100.00
Current Approval Amount
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
Servicing Lender Zip
48021-2321
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
47
NAICS Code
339950
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
614430.90
Forgiveness Date
03/10/2022