Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
FRANKENMUTH NEWS
Borrower Address
527 N. Franklin St., Ste A PO BOX 252
Borrower City
FRANKENMUTH
Borrower State
MI
Borrower Zip
48734-1030
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
38505.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98960
Servicing Lender Name
Frankenmuth CU
Servicing Lender Address
580 N Main St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48734-1118
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
SAGINAW
Project State
Project Zip
CD
MI-04
Jobs Reported
6
NAICS Code
511110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2000.00
Payroll Proceed
30000.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
3505.00
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
Non Profit
Forgiveness Amount
38783.50
Forgiveness Date
01/07/2021