Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
FRANZEL WELL DRILLING, LLC
Borrower Address
2060 OHMER RD
Borrower City
MAYVILLE
Borrower State
MI
Borrower Zip
48744-9320
Loan Status Date
12/16/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
25845.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36100
Servicing Lender Name
Mayville State Bank
Servicing Lender Address
37 E Ohmer Rd
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48744
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TUSCOLA
Project State
Project Zip
CD
MI-09
Jobs Reported
3
NAICS Code
237110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
5169.00
Payroll Proceed
20676.00
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
Non-Veteran
Non Profit
Forgiveness Amount
25958.29
Forgiveness Date
10/09/2020