PPP Loan information for Banks of the nile inc.

$340,100

Banks of the nile inc. was initially approved for PPP Loan of amount $346,300, the current approved amount is $340,100. The loan was approved on 04/05/2020 by The Byline Bank reported 17 jobs and $340,100 was used to fund payroll.

Banks of the nile inc. is New Business or 2 years or less

PPP Loan Search / MI / MILFORD / Banks of the nile inc.

BANKS OF THE NILE INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BANKS OF THE NILE INC.

Borrower Address

54420 Pontiac Trail

Borrower City

MILFORD

Borrower State

MI

Borrower Zip

48381-4344

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346300.00

Current Approval Amount

340100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MILFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48381-4344

CD

MI-07

Jobs Reported

17

NAICS Code

336390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

340100.00

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

Corporation

Originating Lender Location Id

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343378.19

Forgiveness Date

03/31/2021

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