PPP Loan information for Burnt sugar inc.

$253,500

Burnt sugar inc. was initially approved for PPP Loan of amount $253,500, the current approved amount is $253,500. The loan was approved on 02/02/2021 by The Macatawa Bank reported 42 jobs and $253,500 was used to fund payroll.

Burnt sugar inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ada / Burnt sugar inc.

BURNT SUGAR INC.

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BURNT SUGAR INC.

Borrower Address

572 Village Springs Dr SE

Borrower City

Ada

Borrower State

MI

Borrower Zip

49301-8136

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

253500.00

Current Approval Amount

253500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ada

Project County Name

KENT

Project State

MI

Project Zip

49301-8136

CD

MI-03

Jobs Reported

42

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

253495.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255083.51

Forgiveness Date

09/29/2021

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