Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
BANDAK, INC.
Borrower Address
4211 E Centre Ave
Borrower City
PORTAGE
Borrower State
MI
Borrower Zip
49002-9442
Loan Status Date
05/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
121875.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
IN
Servicing Lender Zip
46360-3328
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KALAMAZOO
Project State
Project Zip
CD
MI-06
Jobs Reported
29
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
97500.00
Mortgage Interest Proceed
Rent Proceed
12187.00
Refinance EIDL Proceed
12188.00
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
123036.99
Forgiveness Date
04/14/2021