PPP Loan information for Applewood nursing center inc

$1,164,480

Applewood nursing center inc was initially approved for PPP Loan of amount $1,164,480, the current approved amount is $1,164,480. The loan was approved on 03/23/2021 by The CIBC Bank USA reported 152 jobs and $1,164,480 was used to fund payroll.

Applewood nursing center inc is Existing or more than 2 years old

APPLEWOOD NURSING CENTER INC

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

APPLEWOOD NURSING CENTER INC

Borrower Address

18500 Van Horn Rd

Borrower City

Woodhaven

Borrower State

MI

Borrower Zip

48183-3803

Loan Status Date

04/14/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1164480.00

Current Approval Amount

1164480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodhaven

Project County Name

WAYNE

Project State

MI

Project Zip

48183-3803

CD

MI-06

Jobs Reported

152

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1164480.00

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

Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1187737.70

Forgiveness Date

03/29/2023

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