PPP Loan information for Functional advantage llc

$40,154

Functional advantage llc was initially approved for PPP Loan of amount $40,154, the current approved amount is $40,154. The loan was approved on 04/08/2020 by The Team One CU reported 6 jobs and $40,154 was used to fund payroll.

Functional advantage llc is Existing or more than 2 years old

FUNCTIONAL ADVANTAGE LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FUNCTIONAL ADVANTAGE LLC

Borrower Address

5866 Midland Rd

Borrower City

FREELAND

Borrower State

MI

Borrower Zip

48623-8707

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40153.75

Current Approval Amount

40153.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99330

Servicing Lender Name

Team One CU

Servicing Lender Address

520 Hayden St

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48607-1121

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

48623-8707

CD

MI-08

Jobs Reported

6

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40153.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

99330

Originating Lender

Team One CU

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40544.13

Forgiveness Date

03/31/2021

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