PPP Loan information for Mhd inc

$526,699

Mhd inc was initially approved for PPP Loan of amount $526,699, the current approved amount is $526,699. The loan was approved on 04/09/2020 by The First Independence Bank reported 36 jobs and $526,699 was used to fund payroll.

Mhd inc is Existing or more than 2 years old

MHD INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MHD INC

Borrower Address

30681 WIXOM RD

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-2415

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

526698.75

Current Approval Amount

526698.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34125

Servicing Lender Name

First Independence Bank

Servicing Lender Address

7310 Woodward Ave, Ste 101

Servicing Lender City

DETROIT

Servicing Lender State

MI

Servicing Lender Zip

48202-3165

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-2415

CD

MI-11

Jobs Reported

36

NAICS Code

238330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

526698.75

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

34125

Originating Lender

First Independence Bank

Originating Lender City

DETROIT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

529668.75

Forgiveness Date

11/03/2020

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