PPP Loan information for Board of directors

$262,355

Board of directors was initially approved for PPP Loan of amount $262,355, the current approved amount is $262,355. The loan was approved on 02/16/2021 by The Lake Trust CU reported 30 jobs and $262,355 was used to fund payroll.

Board of directors is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Board of directors

BOARD OF DIRECTORS

Date Approved

02/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BOARD OF DIRECTORS

Borrower Address

21056 Dean St

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091-2760

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262355.00

Current Approval Amount

262355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98829

Servicing Lender Name

Lake Trust CU

Servicing Lender Address

4605 S Old US Hwy 23

Servicing Lender City

BRIGHTON

Servicing Lender State

MI

Servicing Lender Zip

48114-7521

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-2760

CD

MI-10

Jobs Reported

30

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262350.00

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

Non-Profit Organization

Originating Lender Location Id

98829

Originating Lender

Lake Trust CU

Originating Lender City

BRIGHTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

217171.37

Forgiveness Date

02/28/2023

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