PPP Loan information for Michael's inc

$130,342

Michael's inc was initially approved for PPP Loan of amount $130,342, the current approved amount is $130,342. The loan was approved on 02/08/2021 by The U.S. Bank, National Association reported 39 jobs and $130,342 was used to fund payroll.

Michael's inc is Existing or more than 2 years old

MICHAEL'S INC

Date Approved

02/08/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

MICHAEL'S INC

Borrower Address

304 PASEO C

Borrower City

TAOS

Borrower State

NM

Borrower Zip

87571

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130342.00

Current Approval Amount

130342.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAOS

Project County Name

TAOS

Project State

NM

Project Zip

87571

CD

NM-03

Jobs Reported

39

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130337.00

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

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

132213.86

Forgiveness Date

07/13/2022

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