Date Approved
02/06/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
MICHIGAN DESSERT CORPORATION
Borrower Address
10750 Capital St
Borrower City
Oak Park
Borrower State
MI
Borrower Zip
48237-3134
Loan Status Date
09/25/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
559272.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24037
Servicing Lender Name
First Merchants Bank
Servicing Lender Address
200 E Jackson St
Servicing Lender City
MUNCIE
Servicing Lender State
IN
Servicing Lender Zip
47305-2835
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
37
NAICS Code
311942
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
559270.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
562306.36
Forgiveness Date
08/25/2021