PPP Loan information for Cinema management inc

$655,013

Cinema management inc was initially approved for PPP Loan of amount $655,013, the current approved amount is $655,013. The loan was approved on 03/31/2021 by The Commercial Bank reported 43 jobs and $655,013 was used to fund payroll.

Cinema management inc is Existing or more than 2 years old

PPP Loan Search / MI / Owosso / Cinema management inc

CINEMA MANAGEMENT INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CINEMA MANAGEMENT INC

Borrower Address

314 E Comstock St

Borrower City

Owosso

Borrower State

MI

Borrower Zip

48867-3104

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

655012.50

Current Approval Amount

655012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owosso

Project County Name

SHIAWASSEE

Project State

MI

Project Zip

48867-3104

CD

MI-04

Jobs Reported

43

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

655007.50

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

661652.35

Forgiveness Date

04/14/2022

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