PPP Loan information for Michigan city paper box company

$623,100

Michigan city paper box company was initially approved for PPP Loan of amount $623,100, the current approved amount is $623,100. The loan was approved on 04/05/2020 by The Lake City Bank reported 74 jobs and $623,100 was used to fund payroll.

Michigan city paper box company is Existing or more than 2 years old

MICHIGAN CITY PAPER BOX COMPANY

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MICHIGAN CITY PAPER BOX COMPANY

Borrower Address

1206 Pine Street

Borrower City

MICHIGAN CITY

Borrower State

IN

Borrower Zip

46360-3732

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

623100.00

Current Approval Amount

623100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MICHIGAN CITY

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-3732

CD

IN-01

Jobs Reported

74

NAICS Code

322219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35500.00

Payroll Proceed

497700.00

Mortgage Interest Proceed

0.00

Rent Proceed

42600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47300.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

628707.90

Forgiveness Date

03/05/2021

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