Ferro Magnetics Corporation

$317,700 PPP Loan in Bridgeton, Missouri

Loan Details

Loan Number
6472187008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$317,700
Current Approval
$317,700
Forgiveness Amount
$320,798
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ferro Magnetics Corporation
Address
4328 Bridgeton Industrial Dr
ZIP Code
63044-1204
Business Type
Corporation
Industry (NAICS)
Manufacturing (335999)
Business Age
New Business or 2 years or less
Jobs Reported
36
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
MO-01

Loan Use Breakdown

Payroll
$317,700

Lender Information

Servicing Lender
Umb Bank, National Association
Originating Lender
Umb Bank, National Association

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