PPP Loan information for Michael & beth chires, inc.

$214,000

Michael & beth chires, inc. was initially approved for PPP Loan of amount $214,000, the current approved amount is $214,000. The loan was approved on 05/03/2020 by The Bank Michigan reported 50 jobs and $214,000 was used to fund payroll.

Michael & beth chires, inc. is Existing or more than 2 years old

MICHAEL & BETH CHIRES, INC.

Date Approved

05/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHAEL & BETH CHIRES, INC.

Borrower Address

4444 HIGHLAND RD

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48328-1222

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214000.00

Current Approval Amount

214000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-1222

CD

MI-11

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

171200.00

Mortgage Interest Proceed

0.00

Rent Proceed

42800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215659.23

Forgiveness Date

02/18/2021

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