PPP Loan information for Phoenix refrigeration inc

$751,000

Phoenix refrigeration inc was initially approved for PPP Loan of amount $751,000, the current approved amount is $751,000. The loan was approved on 04/16/2020 by The First Merchants Bank reported 47 jobs and $751,000 was used to fund payroll.

Phoenix refrigeration inc is Existing or more than 2 years old

PHOENIX REFRIGERATION INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PHOENIX REFRIGERATION INC

Borrower Address

29333 LORIE LN Suite 200

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

751000.00

Current Approval Amount

751000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-0001

CD

MI-11

Jobs Reported

47

NAICS Code

423740

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

751000.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

755115.07

Forgiveness Date

11/05/2020

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