PPP Loan information for Michigan merchant services inc

$17,600

Michigan merchant services inc was initially approved for PPP Loan of amount $17,600, the current approved amount is $17,600. The loan was approved on 02/02/2021 by The Commercial Bank reported 4 jobs and $17,600 was used to fund payroll.

Michigan merchant services inc is Existing or more than 2 years old

PPP Loan Search / MI / Belding / Michigan merchant services inc

MICHIGAN MERCHANT SERVICES INC

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN MERCHANT SERVICES INC

Borrower Address

302 W Main St

Borrower City

Belding

Borrower State

MI

Borrower Zip

48809-1676

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17600.00

Current Approval Amount

17600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belding

Project County Name

IONIA

Project State

MI

Project Zip

48809-1676

CD

MI-02

Jobs Reported

4

NAICS Code

522320

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17600.00

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17767.80

Forgiveness Date

01/26/2022

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