PPP Loan information for Mackinac straits health system

$3,195,000

Mackinac straits health system was initially approved for PPP Loan of amount $3,195,000, the current approved amount is $3,195,000. The loan was approved on 04/14/2020 by The Customers Bank reported 255 jobs and $3,195,000 was used to fund payroll.

Mackinac straits health system is Existing or more than 2 years old

PPP Loan Search / MI / St. Ignace / Mackinac straits health system

MACKINAC STRAITS HEALTH SYSTEM

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MACKINAC STRAITS HEALTH SYSTEM

Borrower Address

1140 North State Street

Borrower City

St. Ignace

Borrower State

MI

Borrower Zip

49781

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3195000.00

Current Approval Amount

3195000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Ignace

Project County Name

MACKINAC

Project State

MI

Project Zip

49781-0001

CD

MI-01

Jobs Reported

255

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3195000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3230363.84

Forgiveness Date

06/15/2021

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