PPP Loan information for Balbes custom building

$44,470

Balbes custom building was initially approved for PPP Loan of amount $44,470, the current approved amount is $44,470. The loan was approved on 04/28/2020 by The Independent Bank reported 5 jobs and $44,470 was used to fund payroll.

Balbes custom building is Existing or more than 2 years old

BALBES CUSTOM BUILDING

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BALBES CUSTOM BUILDING

Borrower Address

7419 MIDDLEBELT RD

Borrower City

WEST BLOOMFIELD

Borrower State

MI

Borrower Zip

48322-4182

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44470.00

Current Approval Amount

44470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BLOOMFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-4182

CD

MI-11

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44470.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44902.52

Forgiveness Date

04/21/2021

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