PPP Loan information for Practical engineers inc

$10,671

Practical engineers inc was initially approved for PPP Loan of amount $10,671, the current approved amount is $10,671. The loan was approved on 04/27/2020 by The Honor Bank reported 2 jobs and $10,671 was used to fund payroll.

Practical engineers inc is Existing or more than 2 years old

PPP Loan Search / MI / LAKE ANN / Practical engineers inc

PRACTICAL ENGINEERS INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRACTICAL ENGINEERS INC

Borrower Address

9091 HELEN WHITE DR

Borrower City

LAKE ANN

Borrower State

MI

Borrower Zip

49650-9534

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10671.00

Current Approval Amount

10671.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ANN

Project County Name

BENZIE

Project State

MI

Project Zip

49650-9534

CD

MI-01

Jobs Reported

2

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10671.00

Payroll Proceed

0.00

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

Subchapter S Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10748.66

Forgiveness Date

01/19/2021

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