PPP Loan information for Demawating development

$24,272

Demawating development was initially approved for PPP Loan of amount $24,272, the current approved amount is $24,272. The loan was approved on 04/27/2020 by The Central Savings Bank reported 5 jobs and $24,272 was used to fund payroll.

Demawating development is Existing or more than 2 years old

PPP Loan Search / MI / KINCHELOE / Demawating development

DEMAWATING DEVELOPMENT

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEMAWATING DEVELOPMENT

Borrower Address

42 WOOD LAKE RD

Borrower City

KINCHELOE

Borrower State

MI

Borrower Zip

49788-1128

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24272.00

Current Approval Amount

24272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KINCHELOE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49788-1128

CD

MI-01

Jobs Reported

5

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6068.00

Payroll Proceed

18204.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24385.94

Forgiveness Date

10/21/2020

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