PPP Loan information for Local 241 llc

$526,342

Local 241 llc was initially approved for PPP Loan of amount $526,342, the current approved amount is $526,342. The loan was approved on 04/26/2021 by The Commercial Bank reported 46 jobs and $526,342 was used to fund payroll.

Local 241 llc is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Local 241 llc

LOCAL 241 LLC

Date Approved

04/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LOCAL 241 LLC

Borrower Address

22828 Woodward Ave

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-1735

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

526342.14

Current Approval Amount

526342.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1735

CD

MI-11

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

526337.14

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

Limited Liability Company(LLC)

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

530278.89

Forgiveness Date

01/28/2022

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