Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
DEARING HOMES
Borrower Address
9471 RIDGE RD
Borrower City
GOODRICH
Borrower State
MI
Borrower Zip
48438-9480
Loan Status Date
11/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
24175.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
34774
Servicing Lender Name
The State Bank
Servicing Lender Address
101 N Leroy St
Servicing Lender City
FENTON
Servicing Lender State
Servicing Lender Zip
48430-3804
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
GENESEE
Project State
Project Zip
CD
MI-05
Jobs Reported
6
NAICS Code
623110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
24295.54
Forgiveness Date
10/22/2020