PPP Loan information for Michigan service corporation

$100,000

Michigan service corporation was initially approved for PPP Loan of amount $144,035, the current approved amount is $100,000. The loan was approved on 04/30/2020 by The OUR CU reported 21 jobs and $100,000 was used to fund payroll.

Michigan service corporation is Existing or more than 2 years old

MICHIGAN SERVICE CORPORATION

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN SERVICE CORPORATION

Borrower Address

380 HILTON RD

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-3546

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144035.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99359

Servicing Lender Name

OUR CU

Servicing Lender Address

3070 Normandy Rd

Servicing Lender City

ROYAL OAK

Servicing Lender State

MI

Servicing Lender Zip

48073-2226

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

21

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

99359

Originating Lender

OUR CU

Originating Lender City

ROYAL OAK

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101400.00

Forgiveness Date

09/28/2021

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