Date Approved
02/02/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
FORNICOLA PROPERTIES INC
Borrower Address
2309 Ashmun St
Borrower City
Sault Sainte Marie
Borrower State
MI
Borrower Zip
49783-3706
Loan Status Date
10/01/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
115100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Subway
Servicing Lender Location Id
203327
Servicing Lender Name
Nicolet National Bank
Servicing Lender Address
111 N Washington St
Servicing Lender City
GREEN BAY
Servicing Lender State
WI
Servicing Lender Zip
54301-4255
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
23
NAICS Code
722513
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
115096.00
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
115726.66
Forgiveness Date
08/25/2021