PPP Loan information for Cre8ive beginnings of farmington hills

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CRE8IVE BEGINNINGS OF FARMINGTON HILLS

Borrower Address

23500 Orchard Lake Rd

Borrower City

FARMINGTON

Borrower State

MI

Borrower Zip

48336-3241

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181000.00

Current Approval Amount

123788.00

Undisbursed Amount

0.00

Franchise Name

The Learning Experience

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-3241

CD

MI-11

Jobs Reported

21

NAICS Code

519120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

112788.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125378.59

Forgiveness Date

07/26/2021