PPP Loan information for Labelle management

$814,900

Labelle management was initially approved for PPP Loan of amount $814,900, the current approved amount is $814,900. The loan was approved on 04/05/2020 by The Isabella Bank reported 120 jobs and $814,900 was used to fund payroll.

Labelle management is Existing or more than 2 years old

LABELLE MANAGEMENT

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LABELLE MANAGEMENT

Borrower Address

405 S. Mission St.

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-2792

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

814900.00

Current Approval Amount

814900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-2792

CD

MI-02

Jobs Reported

120

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

713062.00

Mortgage Interest Proceed

75362.00

Rent Proceed

7695.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18781

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

826710.47

Forgiveness Date

09/21/2021

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