PPP Loan information for Phillips sign & lighting inc

$608,100

Phillips sign & lighting inc was initially approved for PPP Loan of amount $608,100, the current approved amount is $608,100. The loan was approved on 02/20/2021 by The First State Bank reported 47 jobs and $608,100 was used to fund payroll.

Phillips sign & lighting inc is Existing or more than 2 years old

PHILLIPS SIGN & LIGHTING INC

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

608100.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrison Township

Project County Name

MACOMB

Project State

MI

Project Zip

48045-1363

CD

MI-10

Jobs Reported

47

NAICS Code

339950

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

608100.00

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

614430.90

Forgiveness Date

03/10/2022

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