PPP Loan information for Floral city beverage inc.

$354,447

Floral city beverage inc. was initially approved for PPP Loan of amount $354,447, the current approved amount is $354,447. The loan was approved on 03/16/2021 by The First Merchants Bank reported 31 jobs and $354,447 was used to fund payroll.

Floral city beverage inc. is Existing or more than 2 years old

PPP Loan Search / MI / Monroe / Floral city beverage inc.

FLORAL CITY BEVERAGE INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FLORAL CITY BEVERAGE INC.

Borrower Address

720 Huber Dr

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162-3327

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

354447.00

Current Approval Amount

354447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48162-3327

CD

MI-05

Jobs Reported

31

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

354441.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357253.44

Forgiveness Date

01/06/2022

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