PPP Loan information for Phillips sign & lighting inc

$618,600

Phillips sign & lighting inc was initially approved for PPP Loan of amount $618,600, the current approved amount is $618,600. The loan was approved on 04/15/2020 by The First State Bank reported 47 jobs and $618,600 was used to fund payroll.

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

PHILLIPS SIGN & LIGHTING INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

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

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

618600.00

Current Approval Amount

618600.00

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

335122

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

618600.00

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

626124.89

Forgiveness Date

07/09/2021

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