PPP Loan information for Michigan business and professional association inc

$391,367

Michigan business and professional association inc was initially approved for PPP Loan of amount $391,367, the current approved amount is $391,367. The loan was approved on 03/18/2021 by The The Huntington National Bank reported 25 jobs and $391,367 was used to fund payroll.

Michigan business and professional association inc is Existing or more than 2 years old

MICHIGAN BUSINESS AND PROFESSIONAL ASSOCIATION INC

Date Approved

03/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN BUSINESS AND PROFESSIONAL ASSOCIATION INC

Borrower Address

27700 Hoover Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48093-4551

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

391367.00

Current Approval Amount

391367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48093-4551

CD

MI-10

Jobs Reported

25

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

391365.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

394894.66

Forgiveness Date

02/14/2022

;