PPP Loan information for Brad's drain cleaning inc

$136,000

Brad's drain cleaning inc was initially approved for PPP Loan of amount $136,000, the current approved amount is $136,000. The loan was approved on 04/07/2020 by The Isabella Bank reported 12 jobs and $136,000 was used to fund payroll.

Brad's drain cleaning inc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Brad's drain cleaning inc

BRAD'S DRAIN CLEANING INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BRAD'S DRAIN CLEANING INC

Borrower Address

1601 N Mission St

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-5605

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136000.00

Current Approval Amount

136000.00

Undisbursed Amount

0.00

Franchise Name

Mr. Rooter

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-5605

CD

MI-02

Jobs Reported

12

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

125200.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2300.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136883.07

Forgiveness Date

12/09/2020

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