PPP Loan information for Purple rose theatre co

$255,849

Purple rose theatre co was initially approved for PPP Loan of amount $255,849, the current approved amount is $255,849. The loan was approved on 04/08/2020 by The Chelsea State Bank reported 25 jobs and $255,849 was used to fund payroll.

Purple rose theatre co is Existing or more than 2 years old

PURPLE ROSE THEATRE CO

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PURPLE ROSE THEATRE CO

Borrower Address

137 PARK ST

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1038

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255849.10

Current Approval Amount

255849.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1038

CD

MI-06

Jobs Reported

25

NAICS Code

711110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

204679.28

Mortgage Interest Proceed

0.00

Rent Proceed

47669.82

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

257573.45

Forgiveness Date

12/17/2020

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