PPP Loan information for Montrose orchards inc

$16,500

Montrose orchards inc was initially approved for PPP Loan of amount $16,500, the current approved amount is $16,500. The loan was approved on 04/27/2020 by The ELGA CU reported 4 jobs and $16,500 was used to fund payroll.

Montrose orchards inc is Existing or more than 2 years old

PPP Loan Search / MI / Montrose / Montrose orchards inc

MONTROSE ORCHARDS INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONTROSE ORCHARDS INC

Borrower Address

12473 Seymour Rd

Borrower City

Montrose

Borrower State

MI

Borrower Zip

48457-9733

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16500.00

Current Approval Amount

16500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montrose

Project County Name

GENESEE

Project State

MI

Project Zip

48457-9733

CD

MI-08

Jobs Reported

4

NAICS Code

111331

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

12500.00

Mortgage Interest Proceed

1000.00

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

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16627.88

Forgiveness Date

02/04/2021

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