PPP Loan information for Company products inc

$110,746

Company products inc was initially approved for PPP Loan of amount $110,746, the current approved amount is $110,746. The loan was approved on 04/16/2020 by The First Independence Bank reported 10 jobs and $110,746 was used to fund payroll.

Company products inc is Existing or more than 2 years old

COMPANY PRODUCTS INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMPANY PRODUCTS INC

Borrower Address

11800 COMMERCE ST

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48089-3878

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110746.00

Current Approval Amount

110746.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34125

Servicing Lender Name

First Independence Bank

Servicing Lender Address

7310 Woodward Ave, Ste 101

Servicing Lender City

DETROIT

Servicing Lender State

MI

Servicing Lender Zip

48202-3165

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48089-3878

CD

MI-10

Jobs Reported

10

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110746.00

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

Subchapter S Corporation

Originating Lender Location Id

34125

Originating Lender

First Independence Bank

Originating Lender City

DETROIT

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111401.25

Forgiveness Date

11/17/2020

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