PPP Loan information for Ramachandra kolachalam md pc

$75,000

Ramachandra kolachalam md pc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 03/06/2021 by The First Merchants Bank reported 4 jobs and $75,000 was used to fund payroll.

Ramachandra kolachalam md pc is Existing or more than 2 years old

PPP Loan Search / MI / Novi / Ramachandra kolachalam md pc

RAMACHANDRA KOLACHALAM MD PC

Date Approved

03/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAMACHANDRA KOLACHALAM MD PC

Borrower Address

26850 Providence Pkwy Ste 460

Borrower City

Novi

Borrower State

MI

Borrower Zip

48374-1265

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48374-1265

CD

MI-06

Jobs Reported

4

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74993.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75519.86

Forgiveness Date

11/16/2021

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