PPP Loan information for Bemis farms inc

$157,956

Bemis farms inc was initially approved for PPP Loan of amount $157,956, the current approved amount is $157,956. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 35 jobs and $157,956 was used to fund payroll.

Bemis farms inc is New Business or 2 years or less

BEMIS FARMS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BEMIS FARMS INC

Borrower Address

77 W BEMIS RD

Borrower City

SALINE

Borrower State

MI

Borrower Zip

48176-9722

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157956.00

Current Approval Amount

157956.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALINE

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-9722

CD

MI-06

Jobs Reported

35

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157956.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158994.61

Forgiveness Date

12/31/2020

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