PPP Loan information for Michigan poly pipe, inc.

$78,000

Michigan poly pipe, inc. was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/04/2020 by The 1st State Bank reported 4 jobs and $78,000 was used to fund payroll.

Michigan poly pipe, inc. is New Business or 2 years or less

MICHIGAN POLY PIPE, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN POLY PIPE, INC.

Borrower Address

10242 W GRAND RIVER HWY

Borrower City

GRAND LEDGE

Borrower State

MI

Borrower Zip

48837-9204

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRAND LEDGE

Project County Name

CLINTON

Project State

MI

Project Zip

48837-9204

CD

MI-07

Jobs Reported

4

NAICS Code

423320

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

66000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78710.67

Forgiveness Date

03/09/2021

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