Form G. Tech Co.

$1,067,328 PPP Loan in Troy, Michigan

Loan Details

Loan Number
1587327707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,067,328
Current Approval
$1,067,328
Forgiveness Amount
$1,074,563
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Form G. Tech Co.
Address
1291 Rochester Rd
City
Troy
ZIP Code
48083
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331110)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$426,931
Rent
$180,000
Utilities
$340,232
Mortgage Interest
$23,930
Debt Interest
$96,235

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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