PPP Loan information for Mugele of michigan inc

$212,500

Mugele of michigan inc was initially approved for PPP Loan of amount $212,500, the current approved amount is $212,500. The loan was approved on 04/29/2020 by The Regions Bank reported 28 jobs and $212,500 was used to fund payroll.

Mugele of michigan inc is Existing or more than 2 years old

MUGELE OF MICHIGAN INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MUGELE OF MICHIGAN INC

Borrower Address

1500 South Carney Drive,

Borrower City

Saint Clair

Borrower State

MI

Borrower Zip

48079-5548

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212500.00

Current Approval Amount

212500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saint Clair

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48079-5548

CD

MI-09

Jobs Reported

28

NAICS Code

493110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212500.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214141.78

Forgiveness Date

02/11/2021

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