PPP Loan information for Michaels carpet inc

$310,850

Michaels carpet inc was initially approved for PPP Loan of amount $310,850, the current approved amount is $310,850. The loan was approved on 01/28/2021 by The Regions Bank reported 27 jobs and $310,850 was used to fund payroll.

Michaels carpet inc is Existing or more than 2 years old

MICHAELS CARPET INC

Date Approved

01/28/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MICHAELS CARPET INC

Borrower Address

237 Belwood Rd SE

Borrower City

Calhoun

Borrower State

GA

Borrower Zip

30701-3902

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310850.00

Current Approval Amount

310850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Calhoun

Project County Name

GORDON

Project State

GA

Project Zip

30701-3902

CD

GA-14

Jobs Reported

27

NAICS Code

442210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310850.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

313668.94

Forgiveness Date

01/03/2022

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