PPP Loan information for Michaelson fluid power inc

$106,007

Michaelson fluid power inc was initially approved for PPP Loan of amount $106,007, the current approved amount is $106,007. The loan was approved on 03/01/2021 by The Bank of America, National Association reported 6 jobs and $106,007 was used to fund payroll.

Michaelson fluid power inc is Existing or more than 2 years old

PPP Loan Search / RI / Smithfield / Michaelson fluid power inc

MICHAELSON FLUID POWER INC

Date Approved

03/01/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MICHAELSON FLUID POWER INC

Borrower Address

9 Rocky Hill Rd

Borrower City

Smithfield

Borrower State

RI

Borrower Zip

02917-1319

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106007.00

Current Approval Amount

106007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smithfield

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-1319

CD

RI-01

Jobs Reported

6

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106003.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106532.68

Forgiveness Date

09/01/2021

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