PPP Loan information for Margo enterprises inc.

$173,706

Margo enterprises inc. was initially approved for PPP Loan of amount $173,706, the current approved amount is $173,706. The loan was approved on 01/31/2021 by The Central Savings Bank reported 14 jobs and $173,706 was used to fund payroll.

Margo enterprises inc. is Existing or more than 2 years old

PPP Loan Search / MI / Cheboygan / Margo enterprises inc.

MARGO ENTERPRISES INC.

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MARGO ENTERPRISES INC.

Borrower Address

4024 Longpoint Dr

Borrower City

Cheboygan

Borrower State

MI

Borrower Zip

49721-9621

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173706.00

Current Approval Amount

173706.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cheboygan

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-9621

CD

MI-01

Jobs Reported

14

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

173703.00

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

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174979.84

Forgiveness Date

10/26/2021

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