PPP Loan information for Arms of love

$10,000

Arms of love was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 01/17/2021 by The Commercial Bank reported 11 jobs and $10,000 was used to fund payroll.

Arms of love is Existing or more than 2 years old

ARMS OF LOVE

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ARMS OF LOVE

Borrower Address

1220 N Lafayette St

Borrower City

Greenville

Borrower State

MI

Borrower Zip

48838-1045

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenville

Project County Name

MONTCALM

Project State

MI

Project Zip

48838-1045

CD

MI-02

Jobs Reported

11

NAICS Code

453310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

10101.37

Forgiveness Date

01/26/2022

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