PPP Loan information for Porter systems inc

$851,500

Porter systems inc was initially approved for PPP Loan of amount $851,500, the current approved amount is $851,500. The loan was approved on 05/20/2020 by The Comerica Bank reported 52 jobs and $851,500 was used to fund payroll.

Porter systems inc is Existing or more than 2 years old

PPP Loan Search / MI / NOVI / Porter systems inc

PORTER SYSTEMS INC

Date Approved

05/20/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PORTER SYSTEMS INC

Borrower Address

28700 CABOT DR

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48377-2937

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

851500.00

Current Approval Amount

851500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48377-2937

CD

MI-06

Jobs Reported

52

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

681278.00

Mortgage Interest Proceed

170222.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

862782.38

Forgiveness Date

09/16/2021

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