Date Approved
04/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MICHIGAN INDUSTRIAL CONTROLS, INC.
Borrower Address
2402 GRATIOT AVE
Borrower City
PORT HURON
Borrower State
MI
Borrower Zip
48060-2940
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
178275.62
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36482
Servicing Lender Name
ChoiceOne Bank
Servicing Lender Address
109 E Division
Servicing Lender City
SPARTA
Servicing Lender State
Servicing Lender Zip
49345-1337
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT CLAIR
Project State
Project Zip
CD
MI-09
Jobs Reported
8
NAICS Code
335999
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
17827.55
Payroll Proceed
128360.68
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
14259.84
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
179535.76
Forgiveness Date
01/08/2021