PPP Loan information for Michels inc

$224,472

Michels inc was initially approved for PPP Loan of amount $224,472, the current approved amount is $224,472. The loan was approved on 04/27/2020 by The Greeneville Federal Bank, FSB reported 29 jobs and $224,472 was used to fund payroll.

Michels inc is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Michels inc

MICHELS INC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MICHELS INC

Borrower Address

512 ROCK SPRINGS RD

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37664-5255

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224472.00

Current Approval Amount

224472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88725

Servicing Lender Name

Greeneville Federal Bank, FSB

Servicing Lender Address

101 W Summer St

Servicing Lender City

GREENEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37743-4923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37664-5255

CD

TN-01

Jobs Reported

29

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28059.00

Payroll Proceed

168355.00

Mortgage Interest Proceed

28058.00

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

88725

Originating Lender

Greeneville Federal Bank, FSB

Originating Lender City

GREENEVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227411.66

Forgiveness Date

08/26/2021

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