PPP Loan information for Founders collection 1, llc

$100,000

Founders collection 1, llc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/14/2020 by The Superior National Bank reported 20 jobs and $100,000 was used to fund payroll.

Founders collection 1, llc is New Business or 2 years or less

PPP Loan Search / MI / SAULT SAINTE MARIE / Founders collection 1, llc

FOUNDERS COLLECTION 1, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

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

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

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

New Business or 2 years or less

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-1922

CD

MI-01

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

15000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100813.70

Forgiveness Date

02/09/2021

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