PPP Loan information for Paymasters, inc.

$92,325

Paymasters, inc. was initially approved for PPP Loan of amount $92,325, the current approved amount is $92,325. The loan was approved on 04/15/2020 by The Independent Bank reported 6 jobs and $92,325 was used to fund payroll.

Paymasters, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BIRMINGHAM / Paymasters, inc.

PAYMASTERS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PAYMASTERS, INC.

Borrower Address

550 MERRILL ST SUITE 220

Borrower City

BIRMINGHAM

Borrower State

MI

Borrower Zip

48009-1443

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92325.00

Current Approval Amount

92325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-1443

CD

MI-11

Jobs Reported

6

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92325.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92827.66

Forgiveness Date

11/05/2020

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