PPP Loan information for Balsam shops

$66,700

Balsam shops was initially approved for PPP Loan of amount $66,700, the current approved amount is $66,700. The loan was approved on 04/04/2020 by The Central Savings Bank reported 17 jobs and $66,700 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

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BALSAM SHOPS

Borrower Address

7427 Main Street

Borrower City

MACKINAC ISLAND

Borrower State

MI

Borrower Zip

49757-0495

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66700.00

Current Approval Amount

66700.00

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

49757-0495

CD

MI-01

Jobs Reported

17

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4024.00

Payroll Proceed

50046.00

Mortgage Interest Proceed

0.00

Rent Proceed

12630.00

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

67090.94

Forgiveness Date

11/12/2020

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