PPP Loan information for Creative breakthroughs inc.

$2,000,000

Creative breakthroughs inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The First Merchants Bank reported 102 jobs and $2,000,000 was used to fund payroll.

Creative breakthroughs inc. is Existing or more than 2 years old

CREATIVE BREAKTHROUGHS INC.

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CREATIVE BREAKTHROUGHS INC.

Borrower Address

1200 Woodward Hts

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-1427

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1427

CD

MI-11

Jobs Reported

102

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2011835.62

Forgiveness Date

09/07/2021

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