PPP Loan information for Lap respite center

$88,200

Lap respite center was initially approved for PPP Loan of amount $88,200, the current approved amount is $88,200. The loan was approved on 04/15/2020 by The Michigan State University FCU reported 27 jobs and $88,200 was used to fund payroll.

Lap respite center is Existing or more than 2 years old

LAP RESPITE CENTER

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAP RESPITE CENTER

Borrower Address

201 Hillside Court

Borrower City

East Lansing

Borrower State

MI

Borrower Zip

48823

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88200.00

Current Approval Amount

88200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99188

Servicing Lender Name

Michigan State University FCU

Servicing Lender Address

3777 West Rd

Servicing Lender City

EAST LANSING

Servicing Lender State

MI

Servicing Lender Zip

48823-8029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48823-1000

CD

MI-07

Jobs Reported

27

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

84700.00

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

Corporation

Originating Lender Location Id

99188

Originating Lender

Michigan State University FCU

Originating Lender City

EAST LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88961.18

Forgiveness Date

02/25/2021

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