PPP Loan information for The ferraro group, inc.

$70,000

The ferraro group, inc. was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 6 jobs and $70,000 was used to fund payroll.

The ferraro group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / The ferraro group, inc.

THE FERRARO GROUP, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE FERRARO GROUP, INC.

Borrower Address

4820 LANDS END

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-0600

CD

MI-01

Jobs Reported

6

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

70620.28

Forgiveness Date

03/29/2021

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