PPP Loan information for Michigan community insurance agency inc

$639,000

Michigan community insurance agency inc was initially approved for PPP Loan of amount $639,000, the current approved amount is $639,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 45 jobs and $639,000 was used to fund payroll.

Michigan community insurance agency inc is Existing or more than 2 years old

MICHIGAN COMMUNITY INSURANCE AGENCY INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN COMMUNITY INSURANCE AGENCY INC

Borrower Address

49357 PONTIAC TRL

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-2068

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639000.00

Current Approval Amount

639000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-2068

CD

MI-11

Jobs Reported

45

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

639000.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645478.75

Forgiveness Date

04/19/2021

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