PPP Loan information for Michigan service corporation

$144,035

Michigan service corporation was initially approved for PPP Loan of amount $144,035, the current approved amount is $144,035. The loan was approved on 03/27/2021 by The First Merchants Bank reported 18 jobs and $144,035 was used to fund payroll.

Michigan service corporation is Existing or more than 2 years old

MICHIGAN SERVICE CORPORATION

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN SERVICE CORPORATION

Borrower Address

380 Hilton Rd

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-3546

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144035.00

Current Approval Amount

144035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-3546

CD

MI-11

Jobs Reported

18

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

144028.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144891.32

Forgiveness Date

11/02/2021

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