Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SOO WELDING COMPANY
Borrower Address
934 E PORTAGE AVE
Borrower City
SAULT SAINTE MARIE
Borrower State
MI
Borrower Zip
49783-2444
Loan Status Date
01/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
39612.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36459
Servicing Lender Name
Central Savings Bank
Servicing Lender Address
511 Bingham Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
49783-2101
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
811310
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1500.00
Payroll Proceed
37112.00
Mortgage Interest Proceed
1000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
39855.17
Forgiveness Date
12/08/2020