PPP Loan information for Ferrante manufacturing company

$527,412

Ferrante manufacturing company was initially approved for PPP Loan of amount $527,412, the current approved amount is $527,412. The loan was approved on 02/19/2021 by The Opportunity Resource Fund reported 31 jobs and $527,412 was used to fund payroll.

Ferrante manufacturing company is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Ferrante manufacturing company

FERRANTE MANUFACTURING COMPANY

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FERRANTE MANUFACTURING COMPANY

Borrower Address

6626 Gratiot Ave

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48207-1912

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

527412.00

Current Approval Amount

527412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

494685

Servicing Lender Name

Opportunity Resource Fund

Servicing Lender Address

330 Marshall Street Ste 105

Servicing Lender City

Lansing

Servicing Lender State

MI

Servicing Lender Zip

48912

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48207-1912

CD

MI-13

Jobs Reported

31

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

527412.00

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

494685

Originating Lender

Opportunity Resource Fund

Originating Lender City

Lansing

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

535894.54

Forgiveness Date

09/29/2022

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