PPP Loan information for Selando, inc.

$509,450

Selando, inc. was initially approved for PPP Loan of amount $509,450, the current approved amount is $509,450. The loan was approved on 04/27/2020 by The Diversified Members CU reported 95 jobs and $509,450 was used to fund payroll.

Selando, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Selando, inc.

SELANDO, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SELANDO, INC.

Borrower Address

447 W. Nine Mile

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-1793

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

509450.00

Current Approval Amount

509450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98833

Servicing Lender Name

Diversified Members CU

Servicing Lender Address

1480 E Jefferson Ave

Servicing Lender City

DETROIT

Servicing Lender State

MI

Servicing Lender Zip

48207-3145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1793

CD

MI-11

Jobs Reported

95

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

509450.00

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

Sole Proprietorship

Originating Lender Location Id

98833

Originating Lender

Diversified Members CU

Originating Lender City

DETROIT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513681.27

Forgiveness Date

02/25/2021

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