PPP Loan information for Michigan center for construction education & research trust

$146,300

Michigan center for construction education & research trust was initially approved for PPP Loan of amount $160,400, the current approved amount is $146,300. The loan was approved on 04/13/2020 by The 1st State Bank reported 66 jobs and $146,300 was used to fund payroll.

Michigan center for construction education & research trust is Existing or more than 2 years old

MICHIGAN CENTER FOR CONSTRUCTION EDUCATION & RESEARCH TRUST

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN CENTER FOR CONSTRUCTION EDUCATION & RESEARCH TRUST

Borrower Address

7730 WACKERLY ST

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48642-7434

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160400.00

Current Approval Amount

146300.00

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

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48642-7434

CD

MI-04

Jobs Reported

66

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2700.00

Payroll Proceed

109000.00

Mortgage Interest Proceed

0.00

Rent Proceed

29000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5600.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

147588.25

Forgiveness Date

03/11/2021

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