Foam Factory, Incorporated

$360,100 PPP Loan in Macomb, Michigan

Loan Details

Loan Number
5815287208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$360,100
Current Approval
$360,100
Forgiveness Amount
$362,162
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Foam Factory, Incorporated
Address
17500 23 Mile Road
City
Macomb
ZIP Code
48044-1165
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$360,100

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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