PPP Loan information for Industrial arts institute

$72,292

Industrial arts institute was initially approved for PPP Loan of amount $72,292, the current approved amount is $72,292. The loan was approved on 04/15/2020 by The Citizens National Bank of Cheboygan reported 7 jobs and $72,292 was used to fund payroll.

Industrial arts institute is Existing or more than 2 years old

PPP Loan Search / MI / ONAWAY / Industrial arts institute

INDUSTRIAL ARTS INSTITUTE

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUSTRIAL ARTS INSTITUTE

Borrower Address

20902 WASHINGTON AVE

Borrower City

ONAWAY

Borrower State

MI

Borrower Zip

49765

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72292.00

Current Approval Amount

72292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ONAWAY

Project County Name

PRESQUE ISLE

Project State

MI

Project Zip

49765-0001

CD

MI-01

Jobs Reported

7

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72292.00

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

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

72958.69

Forgiveness Date

03/25/2021

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