PPP Loan information for Eley acres assisted living & memory care llc

$179,658

Eley acres assisted living & memory care llc was initially approved for PPP Loan of amount $198,100, the current approved amount is $179,658. The loan was approved on 04/09/2020 by The The State Bank reported 31 jobs and $179,658 was used to fund payroll.

Eley acres assisted living & memory care llc is Existing or more than 2 years old

ELEY ACRES ASSISTED LIVING & MEMORY CARE LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELEY ACRES ASSISTED LIVING & MEMORY CARE LLC

Borrower Address

1012 N LEROY ST

Borrower City

FENTON

Borrower State

MI

Borrower Zip

48430-1969

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198100.00

Current Approval Amount

179658.00

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

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

GENESEE

Project State

MI

Project Zip

48430-1969

CD

MI-08

Jobs Reported

31

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

179658.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181395.51

Forgiveness Date

04/08/2021

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