PPP Loan information for Coffee mates inc

$55,700

Coffee mates inc was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 04/08/2020 by The Isabella Bank reported 12 jobs and $55,700 was used to fund payroll.

Coffee mates inc is Existing or more than 2 years old

COFFEE MATES INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COFFEE MATES INC

Borrower Address

840 S STATE ST

Borrower City

BIG RAPIDS

Borrower State

MI

Borrower Zip

49307-2296

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

Biggby Coffee

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG RAPIDS

Project County Name

MECOSTA

Project State

MI

Project Zip

49307-2296

CD

MI-02

Jobs Reported

12

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4400.00

Payroll Proceed

46300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56310.41

Forgiveness Date

05/24/2021

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