Fori Automation, Inc.

$5,560,100 PPP Loan in Shelby Township, Michigan

Loan Details

Loan Number
2656767306
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$5,560,100
Current Approval
$5,560,100
Forgiveness Amount
$5,624,659
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fori Automation, Inc.
Address
13231 23 Mile Road
ZIP Code
48315-2713
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
270
Estimated Revenue
$70.7M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$4,448,130
Mortgage Interest
$1,111,970

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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