PPP Loan information for Michigan exchange

$20,833

Michigan exchange was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/01/2021 by The Public Service CU reported 1 jobs and $20,833 was used to fund payroll.

Michigan exchange is Existing or more than 2 years old

MICHIGAN EXCHANGE

Date Approved

05/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN EXCHANGE

Borrower Address

19001 E 8 Mile Rd Ste 213

Borrower City

Eastpointe

Borrower State

MI

Borrower Zip

48021-3270

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99530

Servicing Lender Name

Public Service CU

Servicing Lender Address

7665 Merriman Rd

Servicing Lender City

ROMULUS

Servicing Lender State

MI

Servicing Lender Zip

48174-1920

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eastpointe

Project County Name

MACOMB

Project State

MI

Project Zip

48021-3270

CD

MI-10

Jobs Reported

1

NAICS Code

522310

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.33

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

Limited Liability Company(LLC)

Originating Lender Location Id

99530

Originating Lender

Public Service CU

Originating Lender City

ROMULUS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20934.02

Forgiveness Date

10/27/2021

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