PPP Loan information for Burnt sugar, inc.

$163,700

Burnt sugar, inc. was initially approved for PPP Loan of amount $163,700, the current approved amount is $163,700. The loan was approved on 06/19/2020 by The Macatawa Bank reported 47 jobs and $163,700 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

06/19/2020

SBA Office Code

0515

Processing Method

PPP

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

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163700.00

Current Approval Amount

163700.00

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

47

NAICS Code

311520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163700.00

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

154445.34

Forgiveness Date

12/28/2020

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