PPP Loan information for Assisted care, inc,

$800,000

Assisted care, inc, was initially approved for PPP Loan of amount $800,000, the current approved amount is $800,000. The loan was approved on 04/15/2020 by The Superior National Bank reported 435 jobs and $800,000 was used to fund payroll.

Assisted care, inc, is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Assisted care, inc,

ASSISTED CARE, INC,

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASSISTED CARE, INC,

Borrower Address

520 E 12 Mile Rd Ste A

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-2525

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

800000.00

Current Approval Amount

800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-2525

CD

MI-11

Jobs Reported

435

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

800000.00

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

Subchapter S Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

807495.89

Forgiveness Date

03/31/2021

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