PPP Loan information for Michigan asphalt inc

$259,300

Michigan asphalt inc was initially approved for PPP Loan of amount $259,300, the current approved amount is $259,300. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 48 jobs and $259,300 was used to fund payroll.

Michigan asphalt inc is Existing or more than 2 years old

MICHIGAN ASPHALT INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN ASPHALT INC

Borrower Address

725 S Adams Rd Ste 160

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259300.00

Current Approval Amount

259300.00

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

48009-0899

CD

MI-11

Jobs Reported

48

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259300.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262674.45

Forgiveness Date

08/19/2021

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