Date Approved
03/06/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
JACOBS MCDONALD & SILC P.C.
Borrower Address
319 E Aurora St
Borrower City
Ironwood
Borrower State
MI
Borrower Zip
49938-2113
Loan Status Date
09/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
27888.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
262597
Servicing Lender Name
Gogebic Range Bank
Servicing Lender Address
155 E Cloverland Dr
Servicing Lender City
IRONWOOD
Servicing Lender State
Servicing Lender Zip
49938-1227
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GOGEBIC
Project State
Project Zip
CD
MI-01
Jobs Reported
6
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
27886.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
28011.01
Forgiveness Date
08/18/2021