PPP Loan information for Branch gymnastics & physical development inc

$400,000

Branch gymnastics & physical development inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 01/22/2021 by The 1st Source Bank reported 58 jobs and $400,000 was used to fund payroll.

Branch gymnastics & physical development inc is Existing or more than 2 years old

BRANCH GYMNASTICS & PHYSICAL DEVELOPMENT INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BRANCH GYMNASTICS & PHYSICAL DEVELOPMENT INC

Borrower Address

393 Helmer Rd N

Borrower City

Springfield

Borrower State

MI

Borrower Zip

49037-7777

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

CALHOUN

Project State

MI

Project Zip

49037-7777

CD

MI-04

Jobs Reported

58

NAICS Code

611620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

402600.00

Forgiveness Date

09/20/2021

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