PPP Loan information for Functional advantage llc

$44,864

Functional advantage llc was initially approved for PPP Loan of amount $44,864, the current approved amount is $44,864. The loan was approved on 01/30/2021 by The Team One CU reported 6 jobs and $44,864 was used to fund payroll.

Functional advantage llc is Existing or more than 2 years old

FUNCTIONAL ADVANTAGE LLC

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FUNCTIONAL ADVANTAGE LLC

Borrower Address

5866 Midland Rd

Borrower City

Freeland

Borrower State

MI

Borrower Zip

48623-8707

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44863.55

Current Approval Amount

44863.55

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

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44860.55

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

45197.53

Forgiveness Date

10/29/2021

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