PPP Loan information for Acres cooperative, inc.

$101,900

Acres cooperative, inc. was initially approved for PPP Loan of amount $101,900, the current approved amount is $101,900. The loan was approved on 04/27/2020 by The The Shelby State Bank reported 10 jobs and $101,900 was used to fund payroll.

Acres cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SCOTTVILLE / Acres cooperative, inc.

ACRES COOPERATIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACRES COOPERATIVE, INC.

Borrower Address

709 West Hwy 10

Borrower City

SCOTTVILLE

Borrower State

MI

Borrower Zip

49454-9405

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101900.00

Current Approval Amount

101900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsville

Project County Name

MASON

Project State

MI

Project Zip

49454-9405

CD

MI-02

Jobs Reported

10

NAICS Code

926140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

102430.44

Forgiveness Date

11/12/2020

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