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
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
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
Project County Name
CHIPPEWA
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
125516.82
Forgiveness Date
05/24/2022