Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MTC LEARNING TECHNOLOGIES, LLC
Borrower Address
1975 TIMBER TRAIL DR
Borrower City
ADA
Borrower State
MI
Borrower Zip
49301-9300
Loan Status Date
08/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
126900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33538
Servicing Lender Name
Commercial Bank
Servicing Lender Address
301 N State St
Servicing Lender City
ALMA
Servicing Lender State
Servicing Lender Zip
48801-1634
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
20
NAICS Code
624410
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
300.00
Payroll Proceed
92700.00
Mortgage Interest Proceed
Rent Proceed
7000.00
Refinance EIDL Proceed
Health Care Proceed
350.00
Debt Interest Proceed
26550
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
128419.32
Forgiveness Date
07/19/2021