PPP Loan information for Michigan linen service, inc

$177,978

Michigan linen service, inc was initially approved for PPP Loan of amount $177,978, the current approved amount is $177,978. The loan was approved on 04/08/2020 by The Credit Union One reported 29 jobs and $177,978 was used to fund payroll.

Michigan linen service, inc is Existing or more than 2 years old

PPP Loan Search / MI / WESTLAND / Michigan linen service, inc

MICHIGAN LINEN SERVICE, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN LINEN SERVICE, INC

Borrower Address

5901 N. HIX RD

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185-1903

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177978.02

Current Approval Amount

177978.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-1903

CD

MI-12

Jobs Reported

29

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14299.18

Payroll Proceed

155826.16

Mortgage Interest Proceed

0.00

Rent Proceed

5886.03

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1966.65

Business Type

Corporation

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179440.85

Forgiveness Date

03/11/2021

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