PPP Loan information for Orchards children's services

$1,976,500

Orchards children's services was initially approved for PPP Loan of amount $830,600, the current approved amount is $1,976,500. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 289 jobs and $1,976,500 was used to fund payroll.

Orchards children's services is Existing or more than 2 years old

ORCHARDS CHILDREN'S SERVICES

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ORCHARDS CHILDREN'S SERVICES

Borrower Address

24901 Northwestern Hwy Suite 500

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

830600.00

Current Approval Amount

1976500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-0899

CD

MI-12

Jobs Reported

289

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1976500.00

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

Non-Profit Organization

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1996319.15

Forgiveness Date

04/29/2021

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