PPP Loan information for Safety net inc.

$446,360

Safety net inc. was initially approved for PPP Loan of amount $446,360, the current approved amount is $446,360. The loan was approved on 04/07/2020 by The Honor Bank reported 34 jobs and $446,360 was used to fund payroll.

Safety net inc. is Existing or more than 2 years old

SAFETY NET INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAFETY NET INC.

Borrower Address

1771 PARK DR

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-4703

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446360.00

Current Approval Amount

446360.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4703

CD

MI-01

Jobs Reported

34

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1875.00

Payroll Proceed

385150.00

Mortgage Interest Proceed

0.00

Rent Proceed

16300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42356.00

Debt Interest Proceed

679

Business Type

Subchapter S Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450253.25

Forgiveness Date

02/17/2021

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