PPP Loan information for Idm llc

$52,725

Idm llc was initially approved for PPP Loan of amount $52,725, the current approved amount is $52,725. The loan was approved on 03/27/2021 by The Southern Michigan Bank & Trust reported 4 jobs and $52,725 was used to fund payroll.

Idm llc is Existing or more than 2 years old

IDM LLC

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IDM LLC

Borrower Address

17051 M 86

Borrower City

Three Rivers

Borrower State

MI

Borrower Zip

49093-9319

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52725.00

Current Approval Amount

52725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Three Rivers

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49093-9319

CD

MI-05

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52723.00

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

Subchapter S Corporation

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53086.13

Forgiveness Date

12/07/2021

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