PPP Loan information for Proactive equipment repair

$173,620

Proactive equipment repair was initially approved for PPP Loan of amount $173,620, the current approved amount is $173,620. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 12 jobs and $173,620 was used to fund payroll.

Proactive equipment repair is New Business or 2 years or less

PROACTIVE EQUIPMENT REPAIR

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROACTIVE EQUIPMENT REPAIR

Borrower Address

2585 SWARTHOUT RD

Borrower City

PINCKNEY

Borrower State

MI

Borrower Zip

48169

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173620.00

Current Approval Amount

173620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PINCKNEY

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48169-0001

CD

MI-07

Jobs Reported

12

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173620.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175819.19

Forgiveness Date

08/18/2021

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