1064 FABRICS LLC (MI) - 2020 PPP Loan Borrower Profile (# 3090387402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1064 FABRICS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

3090387402

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$54,225

Date Loan was Approved

May 6, 2020

Amount Forgiven

$54,834.1

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,778.12

Payroll Proced

40,668.76

Rent Proceed

6,778.12

Lender

Celtic Bank Corporation

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

453998

Borrower Location

Clawson, MI

Project Location

Clawson, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.