PPP Loan information for Inception woodworks llc

$49,600

Inception woodworks llc was initially approved for PPP Loan of amount $49,600, the current approved amount is $49,600. The loan was approved on 01/29/2021 by The State Savings Bank reported 6 jobs and $49,600 was used to fund payroll.

Inception woodworks llc is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Inception woodworks llc

INCEPTION WOODWORKS LLC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INCEPTION WOODWORKS LLC

Borrower Address

1318 Industry Dr

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49696-9245

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49600.00

Current Approval Amount

49600.00

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

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49696-9245

CD

MI-01

Jobs Reported

6

NAICS Code

337110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49599.00

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

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49825.58

Forgiveness Date

07/20/2021

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