PPP Loan information for Business cards plus inc

$198,360

Business cards plus inc was initially approved for PPP Loan of amount $198,360, the current approved amount is $198,360. The loan was approved on 02/04/2021 by The First National Bank of Michigan reported 22 jobs and $198,360 was used to fund payroll.

Business cards plus inc is Existing or more than 2 years old

PPP Loan Search / MI / Portage / Business cards plus inc

BUSINESS CARDS PLUS INC

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BUSINESS CARDS PLUS INC

Borrower Address

8785 Portage Industrial Dr

Borrower City

Portage

Borrower State

MI

Borrower Zip

49024-6148

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198360.00

Current Approval Amount

198360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49024-6148

CD

MI-06

Jobs Reported

22

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

198357.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179763.24

Forgiveness Date

05/05/2022

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