PPP Loan information for Michigan brand, inc.

$1,227,500

Michigan brand, inc. was initially approved for PPP Loan of amount $1,227,500, the current approved amount is $1,227,500. The loan was approved on 04/07/2020 by The 1st State Bank reported 239 jobs and $1,227,500 was used to fund payroll.

Michigan brand, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FRANKENMUTH / Michigan brand, inc.

MICHIGAN BRAND, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN BRAND, INC.

Borrower Address

320 HEINLEIN STRASSE

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1940

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1227500.00

Current Approval Amount

1227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1940

CD

MI-04

Jobs Reported

239

NAICS Code

311999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

72000.00

Payroll Proceed

1067500.00

Mortgage Interest Proceed

0.00

Rent Proceed

78000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1248913.06

Forgiveness Date

01/06/2022

;