PPP Loan information for Michael newman ii inc.

$117,969

Michael newman ii inc. was initially approved for PPP Loan of amount $117,969, the current approved amount is $117,969. The loan was approved on 05/15/2021 by The Florida A&M University FCU reported 10 jobs and $117,969 was used to fund payroll.

Michael newman ii inc. is Existing or more than 2 years old

PPP Loan Search / MD / Upper Marlboro / Michael newman ii inc.

MICHAEL NEWMAN II INC.

Date Approved

05/15/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MICHAEL NEWMAN II INC.

Borrower Address

9750 Apollo Dr Ste 259

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20774

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117968.75

Current Approval Amount

117968.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

94270

Servicing Lender Name

Florida A&M University FCU

Servicing Lender Address

1610 S Monroe St

Servicing Lender City

TALLAHASSEE

Servicing Lender State

FL

Servicing Lender Zip

32301-5524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774

CD

MD-04

Jobs Reported

10

NAICS Code

531390

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

117965.75

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

Subchapter S Corporation

Originating Lender Location Id

94270

Originating Lender

Florida A&M University FCU

Originating Lender City

TALLAHASSEE

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118398.03

Forgiveness Date

11/09/2021

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