PPP Loan information for First equity realty corporation

$149,950

First equity realty corporation was initially approved for PPP Loan of amount $149,950, the current approved amount is $149,950. The loan was approved on 01/29/2021 by The Bank Michigan reported 10 jobs and $149,950 was used to fund payroll.

First equity realty corporation is Existing or more than 2 years old

FIRST EQUITY REALTY CORPORATION

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FIRST EQUITY REALTY CORPORATION

Borrower Address

27560 Groesbeck Hwy

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-2759

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149950.00

Current Approval Amount

149950.00

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

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

MACOMB

Project State

MI

Project Zip

48066-2759

CD

MI-10

Jobs Reported

10

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149950.00

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

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150508.72

Forgiveness Date

06/15/2021

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