PPP Loan information for Kates downtown

$59,400

Kates downtown was initially approved for PPP Loan of amount $59,400, the current approved amount is $59,400. The loan was approved on 04/14/2020 by The Eastern Michigan Bank reported 16 jobs and $59,400 was used to fund payroll.

Kates downtown is Existing or more than 2 years old

KATES DOWNTOWN

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KATES DOWNTOWN

Borrower Address

231 HURON AVE

Borrower City

PORT HURON

Borrower State

MI

Borrower Zip

48060-3821

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59400.00

Current Approval Amount

59400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT HURON

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-3821

CD

MI-09

Jobs Reported

16

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

50400.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59712.46

Forgiveness Date

11/02/2020

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