PPP Loan information for Midland compounding and consulting

$206,305

Midland compounding and consulting was initially approved for PPP Loan of amount $206,305, the current approved amount is $206,305. The loan was approved on 03/27/2021 by The Horizon Bank reported 24 jobs and $206,305 was used to fund payroll.

Midland compounding and consulting is Existing or more than 2 years old

MIDLAND COMPOUNDING AND CONSULTING

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MIDLAND COMPOUNDING AND CONSULTING

Borrower Address

3802 James Savage Rd

Borrower City

Midland

Borrower State

MI

Borrower Zip

48642-6518

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206305.00

Current Approval Amount

206305.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

MI

Project Zip

48642-6518

CD

MI-04

Jobs Reported

24

NAICS Code

326111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

206303.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207497.61

Forgiveness Date

10/27/2021

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