PPP Loan information for Montessori children's house, grand traverse

$391,600

Montessori children's house, grand traverse was initially approved for PPP Loan of amount $391,600, the current approved amount is $391,600. The loan was approved on 04/13/2020 by The Independent Bank reported 46 jobs and $391,600 was used to fund payroll.

Montessori children's house, grand traverse is Existing or more than 2 years old

MONTESSORI CHILDREN'S HOUSE, GRAND TRAVERSE

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONTESSORI CHILDREN'S HOUSE, GRAND TRAVERSE

Borrower Address

5363 LONG LAKE RD

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49685-8217

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391600.00

Current Approval Amount

391600.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49685-8217

CD

MI-01

Jobs Reported

46

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391600.00

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

Non-Profit Organization

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

393917.41

Forgiveness Date

11/19/2020

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