PPP Loan information for Shango's inc

$40,612

Shango's inc was initially approved for PPP Loan of amount $40,612, the current approved amount is $40,612. The loan was approved on 06/26/2020 by The ChoiceOne Bank reported 8 jobs and $40,612 was used to fund payroll.

Shango's inc is Existing or more than 2 years old

SHANGO'S INC

Date Approved

06/26/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHANGO'S INC

Borrower Address

Shango's Inc 543 S Main St

Borrower City

Lapeer

Borrower State

MI

Borrower Zip

48446-2466

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40612.00

Current Approval Amount

40612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lapeer

Project County Name

LAPEER

Project State

MI

Project Zip

48446-2466

CD

MI-10

Jobs Reported

8

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40612.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40843.43

Forgiveness Date

01/28/2021

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