PPP Loan information for Emag llc

$1,146,500

Emag llc was initially approved for PPP Loan of amount $1,146,500, the current approved amount is $1,146,500. The loan was approved on 04/28/2020 by The Comerica Bank reported 78 jobs and $1,146,500 was used to fund payroll.

Emag llc is Existing or more than 2 years old

EMAG LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EMAG LLC

Borrower Address

38800 Grand River Ave

Borrower City

Farmington

Borrower State

MI

Borrower Zip

48335-1526

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1146500.00

Current Approval Amount

1146500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-1526

CD

MI-11

Jobs Reported

78

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

229254.00

Payroll Proceed

917246.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1158506.40

Forgiveness Date

05/21/2021

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