PPP Loan information for Ifba of mi

$70,341

Ifba of mi was initially approved for PPP Loan of amount $70,341, the current approved amount is $70,341. The loan was approved on 01/27/2021 by The Sturgis Bank & Trust Company reported 13 jobs and $70,341 was used to fund payroll.

Ifba of mi is Existing or more than 2 years old

PPP Loan Search / MI / Prudenville / Ifba of mi

IFBA OF MI

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IFBA OF MI

Borrower Address

4925 S Reserve Rd

Borrower City

Prudenville

Borrower State

MI

Borrower Zip

48651-9788

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70341.00

Current Approval Amount

70341.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Prudenville

Project County Name

ROSCOMMON

Project State

MI

Project Zip

48651-9788

CD

MI-04

Jobs Reported

13

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70339.00

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

Non-Profit Organization

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

70620.44

Forgiveness Date

06/29/2021

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