Fortune Tool & Machine, Inc.
$350,350 PPP Loan in Wixom, Michigan
Loan Details
- Loan Number
- 1618087700
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $350,350
- Current Approval
- $350,350
- Forgiveness Amount
- $354,518
- Forgiveness Date
- Jul 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fortune Tool & Machine, Inc.
- Address
- 29650 Beck Rd
- City
- Wixom
- State
- Michigan
- ZIP Code
- 48393
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $262,762
- Rent
- $18,734
- Utilities
- $5,125
- Health Care
- $63,729
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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