Date Approved
01/26/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
MUGELE OF MICHIGAN INC
Borrower Address
1500 S Carney Dr
Borrower City
Saint Clair
Borrower State
MI
Borrower Zip
48079-5548
Loan Status Date
01/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
249000.00
Current Approval Amount
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
Project County Name
SAINT CLAIR
Project State
Project Zip
CD
MI-09
Jobs Reported
28
NAICS Code
493110
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
248999.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
251094.33
Forgiveness Date
12/08/2021