Farnell Equipment Company

$185,930 PPP Loan in Troy, Michigan

Loan Details

Loan Number
5475307302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$185,930
Current Approval
$185,930
Forgiveness Amount
$187,656
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farnell Equipment Company
Address
2950 Todd Drive
City
Troy
ZIP Code
48084-3408
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423440)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$149,930
Rent
$36,000

Lender Information

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

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