PPP Loan information for Founders collection 1, llc

$123,878

Founders collection 1, llc was initially approved for PPP Loan of amount $123,878, the current approved amount is $123,878. The loan was approved on 01/19/2021 by The Superior National Bank reported 23 jobs and $123,878 was used to fund payroll.

Founders collection 1, llc is Existing or more than 2 years old

FOUNDERS COLLECTION 1, LLC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FOUNDERS COLLECTION 1, LLC

Borrower Address

240 W Portage Ave

Borrower City

Sault Sainte Marie

Borrower State

MI

Borrower Zip

49783-1922

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123877.56

Current Approval Amount

123877.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sault Sainte Marie

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-1922

CD

MI-01

Jobs Reported

23

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

123874.56

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

Limited Liability Company(LLC)

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125516.82

Forgiveness Date

05/24/2022

;