PPP Loan information for Memphis 55, inc.

$201,000

Memphis 55, inc. was initially approved for PPP Loan of amount $201,000, the current approved amount is $201,000. The loan was approved on 04/14/2020 by The CFBank, National Association reported 30 jobs and $201,000 was used to fund payroll.

Memphis 55, inc. is Existing or more than 2 years old

MEMPHIS 55, INC.

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MEMPHIS 55, INC.

Borrower Address

18605 Detroit Ave

Borrower City

LAKEWOOD

Borrower State

OH

Borrower Zip

44107-3205

Loan Status Date

03/09/2022

Loan Status

Charged Off

Term

0

SBA Guaranty Percentage

100

Initial Approval Amount

201000.00

Current Approval Amount

201000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78932

Servicing Lender Name

CFBank, National Association

Servicing Lender Address

7000 N High St

Servicing Lender City

WORTHINGTON

Servicing Lender State

OH

Servicing Lender Zip

43085-2500

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEWOOD

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44107-3205

CD

OH-11

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201000.00

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

78932

Originating Lender

CFBank, National Association

Originating Lender City

WORTHINGTON

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27169.21

Forgiveness Date

08/12/2021

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