PPP Loan information for Bay mills indian community

$2,452,100

Bay mills indian community was initially approved for PPP Loan of amount $2,452,100, the current approved amount is $2,452,100. The loan was approved on 04/27/2020 by The Old Mission Bank reported 401 jobs and $2,452,100 was used to fund payroll.

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

BAY MILLS INDIAN COMMUNITY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY MILLS INDIAN COMMUNITY

Borrower Address

12140 W Lakeshore Drive

Borrower City

BRIMLEY

Borrower State

MI

Borrower Zip

49715-9319

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2452100.00

Current Approval Amount

2452100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

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

49715-9319

CD

MI-01

Jobs Reported

401

NAICS Code

921150

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

306512.50

Payroll Proceed

1839075.00

Mortgage Interest Proceed

306512.50

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

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2362389.42

Forgiveness Date

06/11/2021

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