PPP Loan information for Michigan state medical society

$483,000

Michigan state medical society was initially approved for PPP Loan of amount $483,000, the current approved amount is $483,000. The loan was approved on 01/21/2021 by The Independent Bank reported 26 jobs and $483,000 was used to fund payroll.

Michigan state medical society is Existing or more than 2 years old

MICHIGAN STATE MEDICAL SOCIETY

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN STATE MEDICAL SOCIETY

Borrower Address

120 W Saginaw St

Borrower City

East Lansing

Borrower State

MI

Borrower Zip

48823-2605

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

483000.00

Current Approval Amount

483000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48823-2605

CD

MI-07

Jobs Reported

26

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

482998.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

486837.53

Forgiveness Date

11/22/2021

;