PPP Loan information for Independence management corporation

$77,000

Independence management corporation was initially approved for PPP Loan of amount $77,000, the current approved amount is $77,000. The loan was approved on 04/09/2020 by The Waterford Bank, National Association reported 7 jobs and $77,000 was used to fund payroll.

Independence management corporation is Existing or more than 2 years old

INDEPENDENCE MANAGEMENT CORPORATION

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDEPENDENCE MANAGEMENT CORPORATION

Borrower Address

5647 SASHABAW RD

Borrower City

CLARKSTON

Borrower State

MI

Borrower Zip

48346-3149

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77000.00

Current Approval Amount

77000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48346-3149

CD

MI-09

Jobs Reported

7

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

378.00

Payroll Proceed

72722.00

Mortgage Interest Proceed

0.00

Rent Proceed

3900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77772.14

Forgiveness Date

04/14/2021

;