PPP Loan information for Bay area community foundation

$108,300

Bay area community foundation was initially approved for PPP Loan of amount $108,300, the current approved amount is $108,300. The loan was approved on 04/04/2020 by The 1st State Bank reported 7 jobs and $108,300 was used to fund payroll.

Bay area community foundation is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Bay area community foundation

BAY AREA COMMUNITY FOUNDATION

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY AREA COMMUNITY FOUNDATION

Borrower Address

1000 Adams Street Suite 200

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48708-5812

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108300.00

Current Approval Amount

108300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48708-5812

CD

MI-08

Jobs Reported

7

NAICS Code

813211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

90300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

109172.42

Forgiveness Date

02/02/2021

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