PPP Loan information for Smart choice subway inc.

$48,500

Smart choice subway inc. was initially approved for PPP Loan of amount $48,500, the current approved amount is $48,500. The loan was approved on 02/06/2021 by The Macatawa Bank reported 14 jobs and $48,500 was used to fund payroll.

Smart choice subway inc. is Existing or more than 2 years old

SMART CHOICE SUBWAY INC.

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SMART CHOICE SUBWAY INC.

Borrower Address

12837 Lincoln St

Borrower City

Grand Haven

Borrower State

MI

Borrower Zip

49417-8619

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48500.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Haven

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-8619

CD

MI-03

Jobs Reported

14

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48497.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48755.12

Forgiveness Date

08/30/2021

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