PPP Loan information for Shults equipment llc

$62,300

Shults equipment llc was initially approved for PPP Loan of amount $62,300, the current approved amount is $62,300. The loan was approved on 04/04/2020 by The Commercial Bank reported 4 jobs and $62,300 was used to fund payroll.

Shults equipment llc is Existing or more than 2 years old

PPP Loan Search / MI / ITHACA / Shults equipment llc

SHULTS EQUIPMENT LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHULTS EQUIPMENT LLC

Borrower Address

1532 S STATE RD

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-9501

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62300.00

Current Approval Amount

62300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-9501

CD

MI-04

Jobs Reported

4

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

46800.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7500.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62861.55

Forgiveness Date

03/09/2021

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