Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
INCEPTION WOODWORKS LLC
Borrower Address
1318 INDUSTRY DR
Borrower City
TRAVERSE CITY
Borrower State
MI
Borrower Zip
49696-9245
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
34939
Servicing Lender Name
State Savings Bank
Servicing Lender Address
703 Main St
Servicing Lender City
FRANKFORT
Servicing Lender State
Servicing Lender Zip
49635-9030
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRAND TRAVERSE
Project State
Project Zip
CD
MI-01
Jobs Reported
5
NAICS Code
337110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2720.00
Payroll Proceed
40262.00
Mortgage Interest Proceed
6018.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
600
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
44854.16
Forgiveness Date
11/27/2020