PPP Loan information for Craig frames inc

$480,800

Craig frames inc was initially approved for PPP Loan of amount $480,800, the current approved amount is $480,800. The loan was approved on 04/27/2020 by The Commercial Bank reported 55 jobs and $480,800 was used to fund payroll.

Craig frames inc is Existing or more than 2 years old

CRAIG FRAMES INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CRAIG FRAMES INC

Borrower Address

140 INDUSTRIAL PKWY

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-9476

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480800.00

Current Approval Amount

480800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-9476

CD

MI-04

Jobs Reported

55

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

445800.00

Mortgage Interest Proceed

26000.00

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

484356.60

Forgiveness Date

02/01/2021

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