PPP Loan information for Balsam shops

$180,116

Balsam shops was initially approved for PPP Loan of amount $180,116, the current approved amount is $180,116. The loan was approved on 01/19/2021 by The Central Savings Bank reported 10 jobs and $180,116 was used to fund payroll.

Balsam shops is Existing or more than 2 years old

PPP Loan Search / MI / Mackinac Island / Balsam shops

BALSAM SHOPS

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BALSAM SHOPS

Borrower Address

7427 main street

Borrower City

Mackinac Island

Borrower State

MI

Borrower Zip

49757

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180115.95

Current Approval Amount

180115.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mackinac Island

Project County Name

MACKINAC

Project State

MI

Project Zip

49757

CD

MI-01

Jobs Reported

10

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

180113.95

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

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

181696.97

Forgiveness Date

12/08/2021

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