PPP Loan information for Central midland corporation

$177,700

Central midland corporation was initially approved for PPP Loan of amount $177,700, the current approved amount is $177,700. The loan was approved on 02/08/2021 by The Isabella Bank reported 31 jobs and $177,700 was used to fund payroll.

Central midland corporation is Existing or more than 2 years old

CENTRAL MIDLAND CORPORATION

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CENTRAL MIDLAND CORPORATION

Borrower Address

5021 Bay City Rd

Borrower City

Midland

Borrower State

MI

Borrower Zip

48642-6087

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177700.00

Current Approval Amount

177700.00

Undisbursed Amount

0.00

Franchise Name

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

BAY

Project State

MI

Project Zip

48642-6087

CD

MI-04

Jobs Reported

31

NAICS Code

713950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177696.00

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178673.70

Forgiveness Date

09/01/2021

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