PPP Loan information for Sbs management group, inc

$104,200

Sbs management group, inc was initially approved for PPP Loan of amount $104,200, the current approved amount is $104,200. The loan was approved on 04/15/2020 by The Northstar Bank reported 25 jobs and $104,200 was used to fund payroll.

Sbs management group, inc is Existing or more than 2 years old

SBS MANAGEMENT GROUP, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SBS MANAGEMENT GROUP, INC

Borrower Address

1089 E CARO RD

Borrower City

CARO

Borrower State

MI

Borrower Zip

48723-1203

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104200.00

Current Approval Amount

104200.00

Undisbursed Amount

0.00

Franchise Name

DQ Grill & Chill Operating Agreement (America Dairy Queen)

Servicing Lender Location Id

222717

Servicing Lender Name

Northstar Bank

Servicing Lender Address

833 S Van Dyke Rd

Servicing Lender City

Bad Axe

Servicing Lender State

MI

Servicing Lender Zip

48413-9604

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARO

Project County Name

TUSCOLA

Project State

MI

Project Zip

48723-1203

CD

MI-09

Jobs Reported

25

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104200.00

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

Corporation

Originating Lender Location Id

222717

Originating Lender

Northstar Bank

Originating Lender City

Bad Axe

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105239.11

Forgiveness Date

04/15/2021

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