Date Approved
03/03/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
MLC OF WAKEFIELD INC.
Borrower Address
893 Cemetery Rd
Borrower City
Wakefield
Borrower State
MI
Borrower Zip
49968-9443
Loan Status Date
02/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
76676.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
262597
Servicing Lender Name
Gogebic Range Bank
Servicing Lender Address
155 E Cloverland Dr
Servicing Lender City
IRONWOOD
Servicing Lender State
Servicing Lender Zip
49938-1227
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GOGEBIC
Project State
Project Zip
CD
MI-01
Jobs Reported
12
NAICS Code
321113
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
76672.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
77318.82
Forgiveness Date
01/06/2022