PPP Loan information for Local 241 llc

$431,600

Local 241 llc was initially approved for PPP Loan of amount $431,600, the current approved amount is $431,600. The loan was approved on 04/13/2020 by The Customers Bank reported 9 jobs and $431,600 was used to fund payroll.

Local 241 llc is Existing or more than 2 years old

LOCAL 241 LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOCAL 241 LLC

Borrower Address

22828 Woodward Avenue

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431600.00

Current Approval Amount

431600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

48220-0001

CD

MI-11

Jobs Reported

9

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436057.90

Forgiveness Date

05/21/2021

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