PPP Loan information for Freeland community sports association

$141,800

Freeland community sports association was initially approved for PPP Loan of amount $141,800, the current approved amount is $141,800. The loan was approved on 04/06/2020 by The Isabella Bank reported 67 jobs and $141,800 was used to fund payroll.

Freeland community sports association is Existing or more than 2 years old

FREELAND COMMUNITY SPORTS ASSOCIATION

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FREELAND COMMUNITY SPORTS ASSOCIATION

Borrower Address

5690 MIDLAND RD

Borrower City

FREELAND

Borrower State

MI

Borrower Zip

48623-8845

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141800.00

Current Approval Amount

141800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREELAND

Project County Name

SAGINAW

Project State

MI

Project Zip

48623-8845

CD

MI-08

Jobs Reported

67

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

113400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8400.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

142981.02

Forgiveness Date

02/16/2021

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