Future Technologies, Inc.

$396,100 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
4789357010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$396,100
Current Approval
$396,100
Forgiveness Amount
$399,291
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Future Technologies, Inc.
Address
2490 E. Midland Rd
ZIP Code
48706-9469
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$343,408
Utilities
$10,000
Health Care
$42,692

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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