PPP Loan information for Michigan education association - nea

$6,420,500

Michigan education association - nea was initially approved for PPP Loan of amount $6,420,500, the current approved amount is $6,420,500. The loan was approved on 04/29/2020 by The Comerica Bank reported 285 jobs and $6,420,500 was used to fund payroll.

Michigan education association - nea is Existing or more than 2 years old

MICHIGAN EDUCATION ASSOCIATION - NEA

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN EDUCATION ASSOCIATION - NEA

Borrower Address

1216 KENDALE BLVD.

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48826-2573

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6420500.00

Current Approval Amount

6420500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48826-2573

CD

MI-07

Jobs Reported

285

NAICS Code

813930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5136421.00

Mortgage Interest Proceed

1284079.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;