PPP Loan information for Froebel child care inc

$78,688

Froebel child care inc was initially approved for PPP Loan of amount $78,688, the current approved amount is $78,688. The loan was approved on 04/09/2020 by The Credit Union One reported 24 jobs and $78,688 was used to fund payroll.

Froebel child care inc is New Business or 2 years or less

PPP Loan Search / MI / WESTLAND / Froebel child care inc

FROEBEL CHILD CARE INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FROEBEL CHILD CARE INC

Borrower Address

2134 S. WAYNE RD

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48186-5428

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78687.72

Current Approval Amount

78687.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48186-5428

CD

MI-12

Jobs Reported

24

NAICS Code

624410

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

67187.72

Mortgage Interest Proceed

0.00

Rent Proceed

9499.85

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79217.90

Forgiveness Date

12/31/2020

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