PPP Loan information for Phoenix induction corporation

$251,300

Phoenix induction corporation was initially approved for PPP Loan of amount $251,300, the current approved amount is $251,300. The loan was approved on 04/29/2020 by The Comerica Bank reported 18 jobs and $251,300 was used to fund payroll.

Phoenix induction corporation is Existing or more than 2 years old

PPP Loan Search / MI / South Lyon / Phoenix induction corporation

PHOENIX INDUCTION CORPORATION

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PHOENIX INDUCTION CORPORATION

Borrower Address

10132 Colonial Industrial Drive

Borrower City

South Lyon

Borrower State

MI

Borrower Zip

48178-9150

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251300.00

Current Approval Amount

251300.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Lyon

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48178-9150

CD

MI-07

Jobs Reported

18

NAICS Code

333994

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201096.00

Mortgage Interest Proceed

50204.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

254078.26

Forgiveness Date

06/04/2021

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