PPP Loan information for Fusion industries llc

$2,000,000

Fusion industries llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/13/2021 by The Prosperity Bank reported 120 jobs and $2,000,000 was used to fund payroll.

Fusion industries llc is Existing or more than 2 years old

FUSION INDUSTRIES LLC

Date Approved

03/13/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

FUSION INDUSTRIES LLC

Borrower Address

3001 E Memorial Rd

Borrower City

Edmond

Borrower State

OK

Borrower Zip

73013-7107

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edmond

Project County Name

OKLAHOMA

Project State

OK

Project Zip

73013-7107

CD

OK-05

Jobs Reported

120

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2010465.75

Forgiveness Date

09/24/2021

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