PPP Loan information for Michael a banks

$20,833

Michael a banks was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/13/2021 by The Winnsboro State Bank & Trust Co. reported 1 jobs and $20,833 was used to fund payroll.

Michael a banks is Existing or more than 2 years old

MICHAEL A BANKS

Date Approved

05/13/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MICHAEL A BANKS

Borrower Address

244 Rock Crossing Ln

Borrower City

Winnsboro

Borrower State

LA

Borrower Zip

71295-6180

Loan Status Date

03/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29378

Servicing Lender Name

Winnsboro State Bank & Trust Co.

Servicing Lender Address

3875 Front St

Servicing Lender City

WINNSBORO

Servicing Lender State

LA

Servicing Lender Zip

71295-2954

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winnsboro

Project County Name

FRANKLIN

Project State

LA

Project Zip

71295-6180

CD

LA-05

Jobs Reported

1

NAICS Code

111998

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20831.32

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

29378

Originating Lender

Winnsboro State Bank & Trust Co.

Originating Lender City

WINNSBORO

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20934.59

Forgiveness Date

11/10/2021

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