PPP Loan information for Paul's equipment repair, llc

$51,600

Paul's equipment repair, llc was initially approved for PPP Loan of amount $51,600, the current approved amount is $51,600. The loan was approved on 05/01/2020 by The Bank Michigan reported 2 jobs and $51,600 was used to fund payroll.

Paul's equipment repair, llc is Existing or more than 2 years old

PAUL'S EQUIPMENT REPAIR, LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PAUL'S EQUIPMENT REPAIR, LLC

Borrower Address

64 Welts St

Borrower City

Mount Clemens

Borrower State

MI

Borrower Zip

48043

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51600.00

Current Approval Amount

51600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Clemens

Project County Name

MACOMB

Project State

MI

Project Zip

48043-0899

CD

MI-10

Jobs Reported

2

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10320.00

Payroll Proceed

41280.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52130.14

Forgiveness Date

05/19/2021

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