PPP Loan information for Michigan asphalt inc

$350,562

Michigan asphalt inc was initially approved for PPP Loan of amount $350,562, the current approved amount is $350,562. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 31 jobs and $350,562 was used to fund payroll.

Michigan asphalt inc is Existing or more than 2 years old

MICHIGAN ASPHALT INC

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN ASPHALT INC

Borrower Address

725 S Adams Rd Ste 160

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-6959

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350562.00

Current Approval Amount

350562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-6959

CD

MI-11

Jobs Reported

31

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350560.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354384.57

Forgiveness Date

03/23/2022

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