PPP Loan information for Mid-michigan industries

$870,000

Mid-michigan industries was initially approved for PPP Loan of amount $870,000, the current approved amount is $870,000. The loan was approved on 04/07/2020 by The Isabella Bank reported 149 jobs and $870,000 was used to fund payroll.

Mid-michigan industries is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Mid-michigan industries

MID-MICHIGAN INDUSTRIES

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MID-MICHIGAN INDUSTRIES

Borrower Address

2426 Parkway Drive

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-4723

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

870000.00

Current Approval Amount

870000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-4723

CD

MI-02

Jobs Reported

149

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13239.00

Payroll Proceed

783840.00

Mortgage Interest Proceed

0.00

Rent Proceed

1500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70611.00

Debt Interest Proceed

810

Business Type

Non-Profit Organization

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

877412.88

Forgiveness Date

02/19/2021

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