PPP Loan information for Michael sarap

$206,500

Michael sarap was initially approved for PPP Loan of amount $206,500, the current approved amount is $206,500. The loan was approved on 02/24/2021 by The Peoples Bank reported 50 jobs and $206,500 was used to fund payroll.

Michael sarap is Existing or more than 2 years old

MICHAEL SARAP

Date Approved

02/24/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

MICHAEL SARAP

Borrower Address

250 Goosepond Rd

Borrower City

Newark

Borrower State

OH

Borrower Zip

43055-3103

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206500.00

Current Approval Amount

206500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

LICKING

Project State

OH

Project Zip

43055-3103

CD

OH-12

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

206495.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207727.53

Forgiveness Date

10/06/2021

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