PPP Loan information for Cheboygan life support systems

$554,195

Cheboygan life support systems was initially approved for PPP Loan of amount $554,195, the current approved amount is $554,195. The loan was approved on 02/09/2021 by The Citizens National Bank of Cheboygan reported 83 jobs and $554,195 was used to fund payroll.

Cheboygan life support systems is Existing or more than 2 years old

CHEBOYGAN LIFE SUPPORT SYSTEMS

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHEBOYGAN LIFE SUPPORT SYSTEMS

Borrower Address

536 Riggs Dr

Borrower City

Cheboygan

Borrower State

MI

Borrower Zip

49721-1063

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554195.00

Current Approval Amount

554195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cheboygan

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-1063

CD

MI-01

Jobs Reported

83

NAICS Code

621910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

554190.00

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

Non-Profit Organization

Originating Lender Location Id

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

556627.30

Forgiveness Date

07/20/2021

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