PPP borrower record
EFD INDUCTION, INC PPP loan record
Public SBA PPP loan record for EFD INDUCTION, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$899,442
Approved amount
$903,839
Forgiven amount
2020-04-28
Date approved
Borrower and loan details
Borrower
EFD INDUCTION, INC
Loan number
1570347303
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Madison Heights
Borrower state
Michigan
Borrower ZIP
48071
Jobs reported
49
Loan status
Paid in Full
Forgiveness date
2020-11-05
Servicing lender
Transportation Alliance Bank, Inc. d/b/a TAB Bank, Inc.
Originating lender
Transportation Alliance Bank, Inc. d/b/a TAB Bank, Inc.
Reported use of proceeds
Payroll
$850,000
Rent
N/A
Utilities
$9,442
Mortgage interest
$40,000
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.