PPP Loan information for Michael banks

$20,832

Michael banks was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 03/24/2021 by The U.S. Bank, National Association reported 1 jobs and $20,832 was used to fund payroll.

Michael banks is Existing or more than 2 years old

MICHAEL BANKS

Date Approved

03/24/2021

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MICHAEL BANKS

Borrower Address

3104 HIGH RD E

Borrower City

SANDY

Borrower State

UT

Borrower Zip

84093

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANDY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84093

CD

UT-03

Jobs Reported

1

NAICS Code

812199

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20831.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21020.65

Forgiveness Date

02/15/2022

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