Date Approved
01/31/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
PHOENIX INDUCTION CORP
Borrower Address
10132 Colonial Industrial Dr
Borrower City
South Lyon
Borrower State
MI
Borrower Zip
48178-9150
Loan Status Date
03/25/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
249000.00
Current Approval Amount
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
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LIVINGSTON
Project State
Project Zip
CD
MI-07
Jobs Reported
21
NAICS Code
333994
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
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
250397.17
Forgiveness Date
08/25/2021