PPP Loan information for Moulthrop-clift, inc.

$304,700

Moulthrop-clift, inc. was initially approved for PPP Loan of amount $304,700, the current approved amount is $304,700. The loan was approved on 04/04/2020 by The 1st State Bank reported 16 jobs and $304,700 was used to fund payroll.

Moulthrop-clift, inc. is Existing or more than 2 years old

MOULTHROP-CLIFT, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOULTHROP-CLIFT, INC.

Borrower Address

701 N Madison

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48708-6464

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304700.00

Current Approval Amount

304700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48708-6464

CD

MI-08

Jobs Reported

16

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

255700.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

306545.13

Forgiveness Date

11/19/2020

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