PPP Loan information for Easy method inc

$414,850

Easy method inc was initially approved for PPP Loan of amount $414,850, the current approved amount is $414,850. The loan was approved on 01/21/2021 by The First Merchants Bank reported 49 jobs and $414,850 was used to fund payroll.

Easy method inc is Existing or more than 2 years old

EASY METHOD INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EASY METHOD INC

Borrower Address

1026 E 11 Mile Rd

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-1694

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

414850.00

Current Approval Amount

414850.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-1694

CD

MI-09

Jobs Reported

49

NAICS Code

611620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

414845.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

418225.63

Forgiveness Date

11/16/2021

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