PPP Loan information for Michigan industrial controls inc

$133,425

Michigan industrial controls inc was initially approved for PPP Loan of amount $133,425, the current approved amount is $133,425. The loan was approved on 01/23/2021 by The ChoiceOne Bank reported 8 jobs and $133,425 was used to fund payroll.

Michigan industrial controls inc is Existing or more than 2 years old

MICHIGAN INDUSTRIAL CONTROLS INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

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

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

133425.00

Current Approval Amount

133425.00

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

MI

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

Port Huron

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48060-2940

CD

MI-09

Jobs Reported

8

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

133420.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

134115.89

Forgiveness Date

08/18/2021

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