PPP Loan information for Michigan food processors cooperative, inc.

$474,500

Michigan food processors cooperative, inc. was initially approved for PPP Loan of amount $474,500, the current approved amount is $474,500. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 37 jobs and $474,500 was used to fund payroll.

Michigan food processors cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LUDINGTON / Michigan food processors cooperative, inc.

MICHIGAN FOOD PROCESSORS COOPERATIVE, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN FOOD PROCESSORS COOPERATIVE, INC.

Borrower Address

3958 CHAUVEZ RD

Borrower City

LUDINGTON

Borrower State

MI

Borrower Zip

49431-8200

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474500.00

Current Approval Amount

474500.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUDINGTON

Project County Name

MASON

Project State

MI

Project Zip

49431-8200

CD

MI-02

Jobs Reported

37

NAICS Code

311411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

474500.00

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

480747.58

Forgiveness Date

08/04/2021

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