Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
EDUCATION AND GOVERNMENT ECONOMIES, INC.
Borrower Address
110 N Main St
Borrower City
Brooklyn
Borrower State
MI
Borrower Zip
49230
Loan Status Date
11/19/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
68400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36187
Servicing Lender Name
Bank Michigan
Servicing Lender Address
417 S Main St
Servicing Lender City
BROOKLYN
Servicing Lender State
Servicing Lender Zip
49230-8616
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
JACKSON
Project State
Project Zip
49230-0001
CD
MI-07
Jobs Reported
23
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
54720.00
Mortgage Interest Proceed
Rent Proceed
13680.00
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-Veteran
Non Profit
Forgiveness Amount
68744.81
Forgiveness Date
11/02/2020