PPP Loan information for Phoenix enterprises inc

$317,000

Phoenix enterprises inc was initially approved for PPP Loan of amount $317,000, the current approved amount is $317,000. The loan was approved on 04/04/2020 by The Commercial Bank reported 90 jobs and $317,000 was used to fund payroll.

Phoenix enterprises inc is Existing or more than 2 years old

PHOENIX ENTERPRISES INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PHOENIX ENTERPRISES INC

Borrower Address

117 E BROADWAY ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-2312

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317000.00

Current Approval Amount

317000.00

Undisbursed Amount

0.00

Franchise Name

Jimmy John's

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-2312

CD

MI-02

Jobs Reported

90

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6950.00

Payroll Proceed

282300.00

Mortgage Interest Proceed

0.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

320856.11

Forgiveness Date

07/02/2021

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