PPP Loan information for Baseline resource inc

$175,000

Baseline resource inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 19 jobs and $175,000 was used to fund payroll.

Baseline resource inc is Existing or more than 2 years old

BASELINE RESOURCE INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BASELINE RESOURCE INC

Borrower Address

12345 Telegraph Rd STE 4

Borrower City

TAYLOR

Borrower State

MI

Borrower Zip

48180

Loan Status Date

06/16/2020

Loan Status

Charged Off

Term

8

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TAYLOR

Project County Name

WAYNE

Project State

MI

Project Zip

48180-0001

CD

MI-13

Jobs Reported

19

NAICS Code

484122

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30064.36

Forgiveness Date

05/02/2022

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