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
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
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
10
NAICS Code
236118
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
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
150508.72
Forgiveness Date
06/15/2021