PPP Loan information for Ripple effects learning center, llc

$81,055

Ripple effects learning center, llc was initially approved for PPP Loan of amount $81,055, the current approved amount is $81,055. The loan was approved on 05/03/2020 by The Sturgis Bank & Trust Company reported 16 jobs and $81,055 was used to fund payroll.

Ripple effects learning center, llc is New Business or 2 years or less

RIPPLE EFFECTS LEARNING CENTER, LLC

Date Approved

05/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIPPLE EFFECTS LEARNING CENTER, LLC

Borrower Address

9825 PINE VIEW DR

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-7055

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81055.00

Current Approval Amount

81055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-7055

CD

MI-06

Jobs Reported

16

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78655.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82021.00

Forgiveness Date

07/15/2021

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