PPP Loan information for Polk and associates plc

$492,020

Polk and associates plc was initially approved for PPP Loan of amount $492,020, the current approved amount is $492,020. The loan was approved on 04/13/2020 by The The State Bank reported 29 jobs and $492,020 was used to fund payroll.

Polk and associates plc is Existing or more than 2 years old

POLK AND ASSOCIATES PLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POLK AND ASSOCIATES PLC

Borrower Address

30600 TELEGRAPH RD

Borrower City

BINGHAM FARMS

Borrower State

MI

Borrower Zip

48025-4529

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492020.00

Current Approval Amount

492020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BINGHAM FARMS

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-4529

CD

MI-12

Jobs Reported

29

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492020.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

497236.76

Forgiveness Date

05/17/2021

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