PPP Loan information for Selective industries inc

$724,900

Selective industries inc was initially approved for PPP Loan of amount $724,900, the current approved amount is $724,900. The loan was approved on 04/07/2020 by The Eastern Michigan Bank reported 67 jobs and $724,900 was used to fund payroll.

Selective industries inc is Existing or more than 2 years old

PPP Loan Search / MI / MARINE CITY / Selective industries inc

SELECTIVE INDUSTRIES INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SELECTIVE INDUSTRIES INC

Borrower Address

6100 KING RD

Borrower City

MARINE CITY

Borrower State

MI

Borrower Zip

48039-1401

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

724900.00

Current Approval Amount

724900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARINE CITY

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48039-1401

CD

MI-09

Jobs Reported

67

NAICS Code

336370

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

669900.00

Mortgage Interest Proceed

25000.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

731116.27

Forgiveness Date

02/23/2021

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