PPP Loan information for Faith in action inc.

$49,895

Faith in action inc. was initially approved for PPP Loan of amount $49,895, the current approved amount is $49,895. The loan was approved on 04/07/2020 by The Chelsea State Bank reported 6 jobs and $49,895 was used to fund payroll.

Faith in action inc. is Existing or more than 2 years old

PPP Loan Search / MI / CHELSEA / Faith in action inc.

FAITH IN ACTION INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FAITH IN ACTION INC.

Borrower Address

603 S MAIN ST

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1273

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49895.00

Current Approval Amount

49895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1273

CD

MI-06

Jobs Reported

6

NAICS Code

453310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49895.00

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

Non-Profit Organization

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

44164.38

Forgiveness Date

11/25/2020

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