PPP Loan information for Michigan soybean committee

$83,414

Michigan soybean committee was initially approved for PPP Loan of amount $83,414, the current approved amount is $83,414. The loan was approved on 05/29/2020 by The Horizon Bank reported 6 jobs and $83,414 was used to fund payroll.

Michigan soybean committee is Existing or more than 2 years old

MICHIGAN SOYBEAN COMMITTEE

Date Approved

05/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN SOYBEAN COMMITTEE

Borrower Address

140 W. Tuscola St. PO Box 287

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1521

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83414.00

Current Approval Amount

83414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1521

CD

MI-04

Jobs Reported

6

NAICS Code

921110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5561.00

Payroll Proceed

66731.00

Mortgage Interest Proceed

5561.00

Rent Proceed

5561.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

83749.94

Forgiveness Date

11/02/2020

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