PPP Loan information for Olds construction of reed city, inc.

$87,581

Olds construction of reed city, inc. was initially approved for PPP Loan of amount $87,581, the current approved amount is $87,581. The loan was approved on 04/07/2020 by The Lake-Osceola State Bank reported 10 jobs and $87,581 was used to fund payroll.

Olds construction of reed city, inc. is Existing or more than 2 years old

PPP Loan Search / MI / REED CITY / Olds construction of reed city, inc.

OLDS CONSTRUCTION OF REED CITY, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLDS CONSTRUCTION OF REED CITY, INC.

Borrower Address

5287 220TH AVE

Borrower City

REED CITY

Borrower State

MI

Borrower Zip

49677-8219

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87580.99

Current Approval Amount

87580.99

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33549

Servicing Lender Name

Lake-Osceola State Bank

Servicing Lender Address

790 Michigan Ave

Servicing Lender City

BALDWIN

Servicing Lender State

MI

Servicing Lender Zip

49304-7126

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REED CITY

Project County Name

OSCEOLA

Project State

MI

Project Zip

49677-8219

CD

MI-02

Jobs Reported

10

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87580.99

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

33549

Originating Lender

Lake-Osceola State Bank

Originating Lender City

BALDWIN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88016.46

Forgiveness Date

10/13/2020

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