PPP Loan information for Binary studio inc.

$12,500

Binary studio inc. was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 02/08/2021 by The Independent Bank reported 1 jobs and $12,500 was used to fund payroll.

Binary studio inc. is Existing or more than 2 years old

PPP Loan Search / MI / Portland / Binary studio inc.

BINARY STUDIO INC.

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BINARY STUDIO INC.

Borrower Address

325 S Lincoln St

Borrower City

Portland

Borrower State

MI

Borrower Zip

48875-1835

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

IONIA

Project State

MI

Project Zip

48875-1835

CD

MI-03

Jobs Reported

1

NAICS Code

541420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

12499.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12561.99

Forgiveness Date

08/11/2021

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