Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
RACHEL SOVEREIGN MEMORIAL HOME
Borrower Address
1014 CENTER AVE
Borrower City
BAY CITY
Borrower State
MI
Borrower Zip
48708-5199
Loan Status Date
03/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
69800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
378002
Servicing Lender Name
1st State Bank
Servicing Lender Address
4800 Fashion Square Blvd, Ste 100
Servicing Lender City
SAGINAW
Servicing Lender State
Servicing Lender Zip
48604-2619
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
BAY
Project State
Project Zip
CD
MI-08
Jobs Reported
15
NAICS Code
623110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
8000.00
Payroll Proceed
61800.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
70323.50
Forgiveness Date
02/03/2021