PPP Loan information for Hometown development company, llc

$47,700

Hometown development company, llc was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 04/09/2020 by The United Bank of Michigan reported 3 jobs and $47,700 was used to fund payroll.

Hometown development company, llc is Existing or more than 2 years old

PPP Loan Search / MI / ADA / Hometown development company, llc

HOMETOWN DEVELOPMENT COMPANY, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOMETOWN DEVELOPMENT COMPANY, LLC

Borrower Address

6440 FULTON ST E, STE 203

Borrower City

ADA

Borrower State

MI

Borrower Zip

49301-8412

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADA

Project County Name

KENT

Project State

MI

Project Zip

49301-8412

CD

MI-03

Jobs Reported

3

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

700.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4900

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40945.33

Forgiveness Date

11/23/2020

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