PPP Loan information for Bay mills indian community

$2,000,000

Bay mills indian community was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The Central Savings Bank reported 269 jobs and $2,000,000 was used to fund payroll.

Bay mills indian community is Existing or more than 2 years old

PPP Loan Search / MI / Brimley / Bay mills indian community

BAY MILLS INDIAN COMMUNITY

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY MILLS INDIAN COMMUNITY

Borrower Address

11386 W Lakeshore Dr

Borrower City

Brimley

Borrower State

MI

Borrower Zip

49715-9308

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Brimley

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49715-9308

CD

MI-01

Jobs Reported

269

NAICS Code

721120

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2010222.22

Forgiveness Date

08/16/2021

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