PPP Loan information for Acoustical arts, inc.

$483,354

Acoustical arts, inc. was initially approved for PPP Loan of amount $483,354, the current approved amount is $483,354. The loan was approved on 04/06/2020 by The Mayville State Bank reported 24 jobs and $483,354 was used to fund payroll.

Acoustical arts, inc. is Existing or more than 2 years old

ACOUSTICAL ARTS, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACOUSTICAL ARTS, INC.

Borrower Address

3601 Mertz Rd.

Borrower City

CARO

Borrower State

MI

Borrower Zip

48723-9550

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483354.00

Current Approval Amount

483354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36100

Servicing Lender Name

Mayville State Bank

Servicing Lender Address

37 E Ohmer Rd

Servicing Lender City

MAYVILLE

Servicing Lender State

MI

Servicing Lender Zip

48744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARO

Project County Name

TUSCOLA

Project State

MI

Project Zip

48723-9550

CD

MI-09

Jobs Reported

24

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3850.00

Payroll Proceed

386684.00

Mortgage Interest Proceed

0.00

Rent Proceed

92820.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36100

Originating Lender

Mayville State Bank

Originating Lender City

MAYVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

486704.37

Forgiveness Date

12/28/2020

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